] Cisco Systems, Inc., today announced a definitive ] agreement to acquire the business of privately held The ] Linksys Group, Inc. of Irvine, Calif. Linksys is the ] leading provider of home networking products with a broad ] line of wired and wireless products for consumers and ] SOHO (small office/home office) users. This acquisition ] represents Cisco's entry into the high-growth ] consumer/SOHO networking market, which is expected to ] grow from $3.7 billion in 2002 to $7.5 billion in 2006 ] worldwide (sources: compiled from Dell'Oro Group, ] Synergy). Home networks allow consumers to share ] broadband Internet connections, files, printers, digital ] music, photos, and gaming, all over a wired or wireless ] LAN (local area network). Very Cool! Cisco Systems Announces Agreement to Acquire The Linksys Group, Inc. |