Feeds

Linksys consumates union with Kiss

Pucker up for home networking product blitz

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Cisco's Linksys consumer networking division has agreed to buy Danish networking entertainment devices firm Kiss Technology in a cash and stock deal valued at $61m. Kiss's portfolio includes home video products such as networked DVD players and networked DVD recorders. Cisco said the acquisition will help Linksys to develop a compelling networked entertainment product suite.

The deal - subject to various standard closing conditions including regulatory approvals - is expected to close in the first quarter of Cisco's fiscal year 2006. Privately-held Kiss was founded in 1994 and has 65 employees. Upon close of the acquisition, the Kiss team will be integrated into Linksys. The deal represent Linkys's second acquisition since its purchase by Cisco in March 2003.

Looking beyond the acquisition, Linksys has pledged to continue to support and sell Kiss's existing products in Europe. Over time Linksys also plans to develop a suite of targeted products for other world markets.

According to market research firm In-Stat, the networked entertainment market reached $3.9bn by the end of last year and is expected to grow to $16.1bn by 2009. In-Stat reckons networked entertainment devices will be in use by around 38 per cent of homes by 2009. ®

Related stories

Linksys readies Media Center WLAN link
Sony updates PSX PVRs with PSP video support
Intel invests in three digital home firms
Movie downloads will be a big business... but for whom?
Cisco snaps up Linksys in home networking assault

Secure remote control for conventional and virtual desktops

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
BIG FAT Lies: Porky Pies about obesity
What really shortens lives? Reading this sort of crap in the papers
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?