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Cisco Systems (CSCO) says it intends to buy enterprise Wi-Fi equipment startup Meraki for $1.2B...

Cisco Systems (CSCO) says it intends to buy enterprise Wi-Fi equipment startup Meraki for $1.2B in cash and retention incentives, and to make it into its Cloud Networking Group. The deal's expected to close in Q2 of Cisco's fiscal 2013 (which ends in January).
Comments (4)
  • I wonder if Dropbox gets bought before it goes public.
    18 Nov 2012, 08:52 PM Reply Like
  • If so, the acquirer would likely be a cloud services company like CRM, GOOG or maybe YHOO.

     

    CSCO will stick to hardware and software for network configuration, in line with this acquisition.
    19 Nov 2012, 01:56 AM Reply Like
  • I could see MSFT buying them just to get the customers. Dropbox works extremely well with Windows 8 btw.
    19 Nov 2012, 02:34 AM Reply Like
  • Cisco is starting to use some of that cash! Good things ahead...
    18 Nov 2012, 09:22 PM Reply Like
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