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Cisco Sells Linksys Home Router Unit to Belkin

Cisco Systems Inc., the world’s biggest maker of computer-networking equipment, has sold its Linksys home-router unit to Belkin International Inc., shedding another consumer business as it focuses on sales to businesses.

“Linksys has long been an important member of the Cisco family and we are confident that we have found the best buyer in Belkin,” Hilton Romanski, vice president of business development for Cisco, wrote in a blog post.