"As more and more entertainment content is delivered over the Internet and as consumers demand access to digital entertainment inside and outside of their home networks, networked entertainment devices will become an integral part of Consumer Electronics," Cisco Systems Inc. president Charles Giancarlo said in a statement.

The $61 million acquisition will give Linksys access to Kiss's experienced research and design team in order to develop new networked entertainment products.

The alignment will enable Linksys to release more of these products in the U.S. market, and gives the company an insider's view of how to develop products that appeal to non-U.S. markets as well.

"Kiss has emerged as a leader in networked video and audio products in Europe, and we hope to use that expertise to expand worldwide," Giancarlo said.

Linksys Vice President of Engineering and Product Marketing Malachy Moynihan said the company will be announcing specific projects it plans to work on with the Kiss staff at a later date.

Read the full story on PCMagazine.com: Linksys Buys Kiss Technologies

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