Cisco buys Linksys for $500 Million
March 20, 2003 5:11PM
edited January 2014
"Big bank take little bank." - Ice Cube 1992
Reply 1 of 1
March 20, 2003 6:58PM
"Cisco dropped a partnership with Dell, which sold Cisco networking equipment, and later called Dell a competitor. Cisco made that move about a year after Dell entered the network switch market with its own line of PowerConnect switches. "
-Who IS Mike Dell's friend?
"The acquisition is Cisco's third so far this year. The company, based in San Jose, Calif., went on an acquisition tear in the late 1990s as the Internet boomed. It bought 18 companies in 1999, and 23 in 2000, according to its Web site. But challenged by economic and networking market slowdowns, it purchased just three companies in 2001 and five companies last year."
-Busy as a beaver