Cisco Rumored To Get Rid Of Linksys And WebEx

Posted: May 19 2011, 1:18pm CDT | by , Updated: May 19 2011, 10:38pm CDT, in Rumors | Technology News

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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Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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