Reuters: Cisco to Buy Home Networker Linksys Group

My spin Very interesting. Smart move by Cisco – get rid of your competitor by buying them and consolidate this growing market.
News Clip: Cisco Systems Inc. (CSCO.O), the No. 1 maker of equipment that directs Internet traffic, on Thursday said it would pay about $500 million in stock to buy Linksys Group Inc. in a bid to enter the consumer home-networking gear market. (full story)

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Ramon Ray, Editor & Technology Evangelist, Smallbiztechnology.com . Editor and Founder, Smart Hustle Magazine Full bio at http://www.ramonray.com . Check him out on Google Plus, Twitter or Facebook