Feeds

Linksys consumates union with Kiss

Pucker up for home networking product blitz

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

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

Internet Security Threat Report 2014

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
10 Top Tips For PRs Considering Whether To Phone The Register
You'll Read These And LOL Even Though They're Serious
Stop ROBOT exploitation, cry striking Foxconn workers
HP downturn and automation eroding overtime on China's production lines
prev story

Whitepapers

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.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical 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?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.