M&A Deal Summary

Belkin Acquires The Linksys Group

On January 24, 2013, Belkin acquired technology hardware company The Linksys Group from Cisco Systems

Acquisition Highlights
  • This is Belkin’s 1st transaction in the Technology Hardware sector.
  • This is Belkin’s 2nd transaction in the United States.
  • This is Belkin’s 1st transaction in California.

M&A Deal Summary

Date 2013-01-24
Target The Linksys Group
Sector Technology Hardware
Buyer(s) Belkin
Sellers(s) Cisco Systems
Deal Type Divestiture

Target

The Linksys Group

Irvine, California, United States
Linksys is a provider of home networking equipment.

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Buyer(S) 1

Buyer

Belkin

Playa Vista, California, United States

Category Company
Founded 1983
Sector Electronics
Employees1,200
DESCRIPTION

Belkin is a provider of connectivity solutions and accessories for computer and consumer electronics users. Belkin was formed in 1983 and is based in Playa Vista, California.


DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-21 Zensi

United States

Zensi is a developer of technology that senses and monitors energy use.

Buy -

Seller(S) 1

SELLER

Cisco Systems

San Jose, California, United States

Category Company
Founded 1984
Sector Technology Hardware
Employees90,400
Revenue 53.8B USD (2024)
DESCRIPTION
Entrance to Cisco's corporate campus in San Jose, California.
Entrance to Cisco's corporate campus in San Jose, California.

Cisco Systems designs, manufactures, and sells Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provides services associated with these products and their use. Cisco provides a broad line of products for transporting data, voice, and video within buildings, across campuses, and around the world. The Company's products are designed to transform how people connect, communicate, and collaborate, and are installed at enterprise businesses, public institutions, telecommunications companies and other service providers, commercial businesses, and personal residences. Cisco was founded in 1984 and is based in San Jose, California.


DEAL STATS #
Overall 3 of 7
Sector: Technology Hardware M&A 1 of 2
Type: Divestiture M&A Deals 2 of 6
State: California M&A 2 of 4
Country: United States M&A 2 of 5
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-20 Meraki

San Francisco, California, United States

Meraki offers midmarket customers easy-to-deploy on-premise networking solutions that can be centrally managed from the cloud.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-25 Cognitive Security s.r.o.

Prague, Czech Republic

Cognitive Security s.r.o. is a privately-held company headquartered in Prague, Czech Republic. Cognitive Security is focused on taking cutting edge research in the field of network security and applying artificial intelligence techniques to detect advanced cyber threats.

Buy -