Foxconn bought Belkin – a well-known manufacturer of accessories and accessories

In the early hours of the morning today, information about a very interesting acquisition appeared on the website. The technology giant Foxconn, which is one of the main manufacturers of Apple products (as well as a huge number of other brands), bought the world-famous Belkin brand, which focuses on the sale of accessories, accessories and other peripherals for mobile phones, tablets, computers, etc.

The report came from the Financial Times, and according to its information, Belkin was bought by one of Foxconn's subsidiaries, FIT Hon Teng. According to the information published so far, the transaction should be worth 866 million dollars. The transfer should take the form of a merger, and in addition to the assets associated with the Belkin brand, the other brands that operated under Belkin will go to the new owner. In this case, it is mainly Linksys, Phyn and Wemo.

According to the press release, FIT wants to build a new product line with this acquisition, which will focus on domestic use. It should be primarily products compatible with platforms such as HomeKit, Amazon Alexa or Google Home. By purchasing Belkin, FIT also acquired more than seven hundred patents, which should significantly help with this effort.

Apple fans are very familiar with Belkin products. On the official Apple website, we can find a huge number of them, from charging and connection cables, through adapters and adapters, car accessories, classic and wireless chargers and much more. Products from Belkin can be considered as quality alternatives to original products.

Source: 9to5mac