Sunday, May 22, 2011

Cisco to dump Linksys, WebEx?

Cisco is rumored to be looking to sell its Linksys home and consumer networking business as it looks to shave $1 billion in expenses by eliminating product lines and jobs. The Register posts this possibility, along with another: "letting go of its WebEx brand."
The Register cites people familiar with the discussions as its source, and states that Cisco declined to quash the rumor.  When a company won't comment on it, as Cisco did in this case, that's pretty much not even acknowledging it.
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