Belkin Buys Linksys

By Norman Chan

Netgear, D-Link, and Apple are the only other makers of home routers now.

Belkin has announced its intent to acquire Linksys, Cisco Systems' consumer home networking division. The Linksys brand and products aren't going away, but it will give Belkin a 30% share of the home networking market. This completes Cisco's departure from consumer products--the tech giant shuttered its Flip and Umi divisions in 2011.