Foxconn expands in CE market with acquisition of Belkin for USD 866 mln

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You Are Here:Foxconn expands in CE market with acquisition of Belkin for USD 866 mln

(Telecompaper) Foxconn Interconnect Technology (FIT) has agreed to acquire Belkin International for USD 866 million in cash. The takeover will see the cable-making company expand into the consumer electronics market with brands such as Belkin, Linksys, Wemo and Phyn. 
Source: Industry News (syndicated from Telecompaper.com)

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