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Latest Cisco May Have Hired Barclays Stories

Is Cisco Selling Off Linksys?
2012-12-17 10:36:09

Michael Harper for redOrbit.com — Your Universe Online Cisco, the largest manufacturer of computer equipment and networks, is looking to get rid of their wireless router division, according to a recent report by Bloomberg News. According to the report, Cisco has now hired Barclays PLC to find a buyer for Linksys, the home router business Cisco bought in 2003 for $500 million. The unnamed sources who spoke with Bloomberg said any potential buyer is likely to pay much less than $500...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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