Seeking Alpha

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).
From other sites
Comments (4)
  • Peter Schmotzer
    , contributor
    Comments (73) | Send Message
     
    I wonder if Dropbox gets bought before it goes public.
    18 Nov 2012, 08:52 PM Reply Like
  • David Jackson
    , contributor
    Comments (1273) | Send Message
     
    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
  • J Mintzmyer
    , contributor
    Comments (4919) | Send Message
     
    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
  • t2greenmt
    , contributor
    Comments (18) | Send Message
     
    Cisco is starting to use some of that cash! Good things ahead...
    18 Nov 2012, 09:22 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs