{"id":28729,"date":"2012-12-17T11:42:41","date_gmt":"2012-12-17T09:42:41","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=28729"},"modified":"2012-12-17T11:49:12","modified_gmt":"2012-12-17T09:49:12","slug":"cisco-looks-to-sell-home-wireless-router-unit","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/28729\/cisco-looks-to-sell-home-wireless-router-unit\/","title":{"rendered":"Cisco looks to sell home wireless router unit"},"content":{"rendered":"<p>Networking equipment company Cisco Systems Inc has hired Barclays to sell its Linksys home router unit, a report said on Sunday.<\/p>\n<p>The business, which Cisco acquired for $500 million in 2003, will likely be valued for less because it has low margins, according to Bloomberg.<\/p>\n<p>The sale is part of Cisco&#8217;s strategy to shed its consumer unit and focus on its software and technology services businesses.<\/p>\n<p>Last year, Cisco axed its Flip camera business as part of this strategy.<\/p>\n<p>(Reporting By Olivia Oran; Editing by Marguerita Choy)<\/p>\n<h3 class=\"my-4\">Related Articles<\/h3>\n<p><strong><a title=\"Permalink to Cisco buys cloud computing company\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/26828\/cisco-buys-cloud-computing-company\/\" rel=\"bookmark\">Cisco buys cloud computing company<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to SA\u2019s most desirable tech device\" href=\"http:\/\/businesstech.co.za\/news\/general\/26657\/sas-most-desirable-tech-device\/\" rel=\"bookmark\">SA\u2019s most desirable tech device<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Cisco beats estimates, expects slow growth\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/26408\/cisco-beats-estimates-expects-slow-growth\/\" rel=\"bookmark\">Cisco beats estimates, expects slow growth<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cisco has hired Barclays to sell its Linksys home router unit<\/p>\n","protected":false},"author":7,"featured_media":5551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,1358],"class_list":["post-28729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-active","tag-cisco"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/28729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=28729"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/28729\/revisions"}],"predecessor-version":[{"id":28733,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/28729\/revisions\/28733"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/5551"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=28729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=28729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=28729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}