A very busy week for Cisco
The last week has been a packed one for the US tech company. It announced that it would sell its Linksys home networking business to Belkin, which is well known for its accessories portfolio, that it had acquired a small portion of Parallels, a company that produces a popular virtualisation software and purchased Intucell, a mobile network management company from Israel for $475 million. Those three news nuggets and earlier ones (like the cancellation of the Flip Video line and Cius tablet and the rumours of a possible exit from the STB business) indicate that the company may be looking to go back to its roots in the more lucrative business and enterprise segments.
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