Filed under: Rumors | Technology News
May 19 2011, 1:18pm CDT | by Luigi Lugmayr
Cisco launched a big restructuring program to get back on track early last month. As part of refocusing on the core values, Cisco shut down the Flip camcorder division. The Register now has a report that Cisco is thinking about cutting off Linksys and webEx.
The consumer network device maker Linksys was bought by Cisco for $500m back in 2003. WebEx, a conferencing service provider, was a much more high-profile purchase at $2.9 billion. The rumor suggests that Cisco is trying to find buyers and not just shut these business units down as they did with the Flip.
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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.
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