Cisco Announces Intent to Acquire Meraki for $1.2B
Posted on November 18, 2012 at 19:33 PM EST
Cisco (NASDAQ: CSCO ) today announced its intent to acquire privately held Meraki Inc., a leader in cloud networking. Headquartered in San Francisco, Calif., with offices in New York, London and Mexico, Meraki offers midmarket customers easy-to-deploy on-premise networking solutions that can be centrally managed from the cloud. "The acquisition