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  • Belkin’s Acquisition Of Linksys Is Now Complete

    Belkin’s Acquisition Of Linksys Is Now Complete

    In January, Cisco announced that Belkin would acquire its Home Networking Business Unit and its leading brand, Linksys. Today, Belkin announced that the Linksys acquisition is complete.

    Belkin now possesses Linksys routers and other Smart Wi-Fi products. They will be managed as a separate brand and product portfolio.

    Belkin CEO Chet Pipkin had this to say: “Linksys has a rich heritage, a passionate customer base and a wide product line, all of which fueled our decision to acquire the company and our plan to maintain the Linksys brand. The Linksys portfolio will continue to exist and evolve to include even richer user experiences and network management functionality. Smart Wi-Fi is an innovative and easy way for consumers to stay connected to their home network and we look to continue investing in it by adding more features and products.”

    “A lot of exciting things are happening in today’s connected lifestyle segment, and we are honored to continue the Linksys brand and enable new connected experiences,” said Pipkin. “Linksys and Belkin are now one team. We are ready to do fantastic things as a team and deliver products that delight consumers and support the increasingly connected, mobile world.”

    Customers can expect more Linksys-branded products coming out of the pipeline, and support for existing products will continue through the existing channels.

    Terms of the deal were never disclosed.

  • Belkin To Acquire Linksys From Cisco

    Belkin To Acquire Linksys From Cisco

    Cisco announced today in a blog post that Belkin will acquire Cisco’s Home Networking Business Unit and its leading brand, Linksys. Cisco had been rumored to be looking to get rid of Linksys, and now it appears it has found a buyer.

    Cisco VP, Head of Corporate Business Development, Hilton Romanski writes:

    Linksys is a strong and enduring brand with a talented team that has helped revolutionize the way we experience the world from our homes through a wide range of home routing and networking solutions with innovative software features that enable anytime, anywhere access and control of the home network and its connected devices.

    Combined, Belkin and Linksys will create a world-class consumer networking technology provider with complementary innovation and engineering strategies. Linksys will enhance Belkin’s capabilities to meet the needs of OEMs, as well as provide access to a large user base. Belkin and Cisco intend to pursue a strategic relationship focused on a variety of initiatives including retail distribution, strategic marketing and products for the service provider market.

    Belkin shortly thereafter put out a press release announcing the acquisition intent, but did not disclose the terms.

    Belkin CEO Chet Pipkin says, “We’re very excited about this announcement. Our two organizations share many core beliefs – we have similar beginnings and share a passion for meeting the real needs of our customers through the strengths of an entrepreneurial culture. Belkin’s ultimate goal is to be the global leader in the connected home and wireless networking space and this acquisition is an important step to realizing that vision.”

    Cisco announced its own intent to acquire Intucell earlier this week.

  • Zero-Day Remote Exploit Found On Linksys Routers

    Zero-Day Remote Exploit Found On Linksys Routers

    When it rains, it pours. That seems to be trend in 2013 when it comes to zero-day exploits being found in the wild. Microsoft and Oracle are just getting around to patching zero-day exploits found in Internet Explorer and Java this week, and now another major player in the consumer PC scene has been hit.

    Help Net Security reports that a zero-day exploit has been found in Linksys routers that allows a hacker to gain remote root access to the device. It has the potential to be devastating to the millions of Linksys router owners around the world. The good news is that a fix is already on the way.

    The original team who found the exploit, DefenseCode, alerted Cisco to the Linksys vulnerability after finding it during a product security evaluation. It took the team only 12 days to develop an exploit that could be used by hackers to take control of a person’s wireless router and hijack all the information being processed through it.

    With all that being said, it doesn’t look like Linksys router owners will have to worry about anything. There’s no mention of hackers using the exploit out in the wild just yet. Cisco is also working on a fix that should be available within the next 10 days. After that, DefenseCode will release the details of the exploit to the public for further study.

    You can check out the exploit in action below: