NETGEARRSS

Netgear buys Aircard as Belkin acquires rival Linksys

Sierra Wireless has sold Aircard to Netgear and Cisco has sold Linksys to Belkin

Mobile internet solutions provider Sierra Wireless has sold its mobile broadband device business, Aircard, to networking vendor Netgear for €138m in cash. Meanwhile, home networking and cable provider Belkin has taken Netgear’s rival Linksys off Cisco’s hands for an undisclosed fee.

North America takes lion’s share of home networking revenues

cable-backbone-broadband-network-fibre

Global sales of home networking devices grew by 20 per cent last year to reach $7.98bn, with North America taking the largest slice (37 per cent) thanks to the adoption of Multimedia over Coax (MoCA) technology by the cable operators and telcos, according to a report from US firm Infonetics Research.

@telecoms