Foxconn buys Belkin, Linksys, and Wemo
The company known best for manufacturing iPhones, Foxconn, will soon be the company behind some of the best known routers and other computer accessories. A subsidiary of Foxconn, Foxconn Interconnect Technology, announced today that it would acquire Belkin, which also owns the brands Linksys and Wemo.
Belkin has been around for 35 years and is known today for creating an array of computer and phone accessories, including wireless chargers, laptop docks, and phone cases. Belkin purchased Linksys, which is well known for its home routers, in 2013. And it’s been running a smart home system called Wemo for more than five years now.
That’s a major shift for Foxconn, taking it from a behind-the-scenes manufacturing partner to the owner of...
via The Verge - Tech Posts "https://ift.tt/2I5fe11"
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