Foxconn assembles many of Apple's products and Belkin creates many accessories for Apple's products, but I never pictured one buying the other. Today, Foxconn acquired Belkin for $866 million. That's a lot of money for those keeping track at home. The Belkin brand encompasses Wemo, Linksys, and more. Belkin will continue to operate under its current brand name as a subsidiary to Foxconn, similar to the Beats acquisition. I am a fan of Belkin, and while I don't anticipate this acquisition to have any major effects on the consumer side, I am curious to see if we notice any positive change.
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