Cisco yesterday announced their intention to expand existing
cloud to solutions by acquiring Meraki Inc., a San Francisco-based leading
cloud provider. Meraki has offices in New York, London and Mexico and "offers
midmarket customers easy-to-deploy on-premise networking solutions that can be
centrally managed from the cloud”.
According to a Cisco statement, the acquisition "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”.
The cloud networking solutions offers by Meraki is intended
to target midmarket businesses by offering scalable cloud and is also intended
to strengthen Cisco’s Unified
Access platform, which makes it easier for enterprises to simplify cloud
computing solutions into one integrated network infrastructure.
"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 allows customers to implement Wi-Fi switching,
security and mobile device management (MDM) all managed from within the cloud.
The company’s technology also supports BYOD, guest networking, application
control and more.Cisco has agreed to pay somewhere in the region
of $1.2bn in cash and "retention-based incentives to acquire the entire
business and operations of Meraki”. The deal is thought to go through and come to
a close in Q2 of Cisco’s fiscal year.