Meru Networks (MERU), a maker of enterprise Wi-Fi networking gear, says CEO Ihab Abu-Hakima will...

|About: Meru Networks, Inc. (MERU)|By:, SA News Editor

Meru Networks (MERU), a maker of enterprise Wi-Fi networking gear, says CEO Ihab Abu-Hakima will "transition out of the company" over the next 6 months. The company is also narrowing its revenue guidance range to $23.2M-$23.7M, and lowering its EPS guidance range to -$0.22 to -$0.24, from a prior range of $-0.17 to -$0.23. (PR)