Foxconn officially announced that it will acquired a Belkin

Belkin

Foxconn is a name you might think of some when it comes to manufacture Apple products, including iPhones, iPads and iPad and Computers Mac. On the other hand, the Belkin is the brand might tie it to the other attachments to smart phones, such as cables, and Protective Covers, and chargers etc. Now it seems that both companies will be a single company, or to be more specific it seems that the company Foxconn is interested in acquisition of US company Belkin.

Belkin is a brand that manufactures more than just extensions of smart phones, this company has under its umbrella many of the other brands like WeMo and LinkSys that make routers, which means that the acquisition company Foxconn on the Belkin would help undoubtedly to expand its portfolio and offerings to end consumers.

Deal acquisition company Foxconn on Belkin valued at approximately $ 866 million dollars, according to Mr. Chet Pipkin, President and CEO of Belkin who stated also by saying : ” we see synergies task with the FIT, including the benefit of global manufacturing capabilities in order to enhance the efficiency of operations and competitiveness, to buy Belkin. And give us this page also have access to more resources to invest in our employees and continue to search for opportunities in the market. “

For those who are concerned about what this means for the future, they can rest assured because according to the press statement issued by the company Belkin, it is expected that the company will continue and brands in the business as usual. However, yet to approve the acquisition, because of the careful Government of America is clear from Chinese companies, we’re not sure if this page will end up, but we have to wait and see.

 

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