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Cisco rumored to get rid of Linksys and WebEx

May 19 2011, 1:18pm CDT | by , in Rumors | Technology News

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Cisco rumored to get rid of Linksys and WebEx

After killing the Flip camera business, Cisco might cut off more acquired business units.

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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