Cisco Systems to buy Meraki for $1.2 billion

Cisco Systems to buy Meraki for $1.2 billion
CBS News
NEW YORK - Cisco Systems Inc., the world's largest maker of computer networking gear, said Sunday it is buying Meraki for $1.2 billion to expand its ability to let customers compute in the cloud.

Cisco Systems, Inc. (NASDAQ:CSCO) ready to takeover Google Inc. (NASDAQ ...
Property Mentor
Cisco Systems, Inc. (NASDAQ:CSCO) has decided to sign a $1.2bn deal to boost its internet-cloud networking capabilities with the purchase of Meraki, a six-year-old San Francisco-based company supported by Google Inc. (NASDAQ:GOOG).



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