Cisco Systems is one of the most recognized technology corporations in the world. In the home environment is especially popular for modems and routers manufactured by Linksys, one of its main subsidiaries. However Californian corporation would be about to get rid of the signature creator of networking products.
According to a report by Bloomberg , seriously analyze Cisco Linksys sale . The intention would pass into the hands of TV manufacturers companies seeking a strong brand and technology with public recognition. Details of the operation would remain in private until you confirm the interest of a buyer.
had hired the British firm Barclays to find potentially interested in acquiring his famous subsidiary. While it is not known how the transaction cost, Californians would receive a much lower figure of 500 million dollars in 2003 for the purchase of Linksys.
impairment be related to their low profit margins , the report said. In addition, the sale would be linked to Cisco’s strategy to get away from business to consumer and focus on enterprise solutions. If realized the move, you have to see what the future holds for the company.
Linksys products have won high esteem among the public due to its performance and build quality. Do you think the decision is correct Cisco? What company should keep the subsidiary recognized?
Via | Bloomberg.
| Global Investor.
Hewlett Packard This is far from what is considered “ideal”, which is why its top executives plan strategies to get the bump in the company you are. And in the last few hours there were several reports that mention a word that nobody wants to hear: restructuring.
According to a Business Insider report , executives from HP ( led by the CEO, Meg Whitman) are planning a major wave of layoffs. Some media even dared to put figures to speculation: informants Bloomberg say they are being targeted 25,000 jobs , while For All Things Digital will be 30 000.
The sources for the various reports are compiled in the American corporation and ensure that the decision will be made official on Wednesday, during the presentation of earnings report . The main sector affected by the downsizing would be the business services group, which dispense up to 15 thousand workers.
other hand, would offer voluntary retirement packages to 5 000 longtime employees. To put into perspective the information should be mentioned that currently has a Hewlett Packard workforce encompasses approximately 320 000 people .
should be noted that the restructuring plan not limited to dismissal, but also have moved to “cut and reinvestment.” We look forward to announcements of HP and keep abreast of the most important.
Track | Business Insider | Bloomberg | All Things Digital.
Nokia took a very important commitment to move to Windows Phone and seems to really have faith. Recently the Vice President of the European firm, Victor Saeijes, gave an interview to the newspaper Dagens Industri indicating that there is no contingency plan in the event that the operating system Microsoft does not provide positive results.
“ We have no plan B. Plan B is to make the plan to succeed, “, said Nokia executive. The company has put all his chips in Windows Phone and so far the results have been good. By late January the Finns sold more than 1 million smartphones Lumia, but lost over a billion dollars during the last quarter of 2011. “It’s like start all over again. [...] We need to succeed in America if we succeed in the world “
, said during the interview Saeijes. So far Nokia phones with Microsoft’s operating system were well received by the press, and Lumia 900 was hailed at CES 2012. For other platforms the company’s situation is not very promising. This week the firm launched Belle, the latest version of Symbian, but demand for phones with software that is declining. Developing markets prefer low-cost Android phones
Cheap Nokia handsets before. Meego As the picture is not better. Nokia N9 Harmattan will soon update 1.2, but its presence in the market is limited, and anyway it should be noted that in some countries the smartphone started shipping in late 2011 due to delays in distribution.
Track | Slashgear.