Cisco Makes $1.2 Billion Bid for Networking Midmarket with Meraki Buy | Internet News

Cisco Makes $1.2 Billion Bid for Networking Midmarket with Meraki Buy

Nov 20, 2012
1 minute read

Meraki builds cloud managed wireless and wired access points as well as providing network acceleration and security capabilities. Meraki’s hardware appliances are based on a hardened Linux operating system and includes a subscription based service for cloud management.

Rob Soderbery, senior vice president of Cisco’s Enterprise Networking Group said during a Monday morning conference call that the Meraki acquisition moves Cisco further into the cloud and advances the company’s position in the midmarket.

He added that Cisco has been doing well in the wireless market so far, as shown by the company’s first quarter fiscal 2013 wireless revenue growth of 38 percent. The addition of Meraki is intended to be complementary, by going after the networking midmarket in a way that Cisco has not done to date.

Internet News Logo

InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.