Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

Cisco plans to acquire Meraki in US$ 1.2 billion transaction
Posted on 19-Nov-2012 17:37. | Tags Filed under: News.

Cisco has 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.

As the IT industry transforms in the mobile-cloud era, Cisco is solving customers' networking and business enablement challenges by delivering cloud networking and device and security services. The acquisition of Meraki complements and expands Cisco's strategy to offer more software-centric solutions to simplify network management, help customers empower mobile workforces, and generate new revenue opportunities for partners.

Meraki's cloud networking solutions will expand Cisco's network offerings by providing scalable solutions for midmarket businesses. The Meraki acquisition will also strengthen Cisco's Unified Access platform, which makes IT more responsive to business innovation by simplifying IT operations and uniting wired and wireless networks, policy and management into one integrated network infrastructure, unlike other competitive offerings.

"The acquisition of Meraki enables Cisco to make simple, secure, cloud managed networks available to our global customer base of mid-sized businesses and enterprises. These companies have the same IT needs as larger organizations, but without the resources to integrate complex IT solutions," said Rob Soderbery, senior vice president, Cisco Enterprise Networking Group. "Meraki's solution was built from the ground up optimized for cloud, with tremendous scale, and is already in use by thousands of customers to manage hundreds of thousands of devices."

Meraki technology offers customers Wi-Fi, switching, security and mobile device management centrally managed from the cloud. Meraki solutions support BYOD, guest networking, application control, WAN optimization, application firewall and other advanced networking services.

Meraki was founded by members of MIT's Laboratory for Computer Science. Meraki combines a high-velocity software development methodology with a tightly linked inside sales and channel model that will form the new Cloud Networking Group.

Under the terms of the agreement, Cisco will pay approximately US$1.2 billion in cash and retention-based incentives to acquire the entire business and operations of Meraki. The acquisition is expected to close in the second quarter of Cisco's fiscal year 2013.

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

SurfaceBook and Surface Pro 4 announced
Created by billgates, last reply by iPhysc on 10-Oct-2015 20:39 (85 replies)
Pages... 4 5 6

Laptop won't boot when connected to network via Ethernet
Created by Satch, last reply by nathan on 9-Oct-2015 19:44 (19 replies)
Pages... 2

Amazon toolbar BS
Created by Rikkitic, last reply by Rikkitic on 6-Oct-2015 22:09 (38 replies)
Pages... 2 3

Rural fibre
Created by MichaelNZ, last reply by sbiddle on 8-Oct-2015 19:54 (16 replies)
Pages... 2

Anyone use a rotary lawn mower?
Created by GeoffisPure, last reply by Bung on 9-Oct-2015 19:57 (31 replies)
Pages... 2 3

Buying a house - Real estate agents
Created by throbb, last reply by sir1963 on 10-Oct-2015 14:51 (44 replies)
Pages... 2 3

Thinking of buying LG G4 but what about Marshmallow?
Created by yudumcan, last reply by 1eStar on 9-Oct-2015 21:33 (13 replies)

FunkyClock be careful
Created by scheduler, last reply by johnr on 8-Oct-2015 23:17 (13 replies)