Cisco to acquire Meraki Inc.

News Article - Monday, 19 November 2012 11:56

Category: Connectivity

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.

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