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Cisco Networking Systems has acquisitioned cloud networking firm Meraki for $1.2 Billion. Meraki is one of the leaders in cloud controlled WiFi, routing, and security. Meraki is a San Francisco-based company, founded in 2006 and was funded by Sequoia Capital and Google. Meraki today supports 20,000 customers and hundreds of thousands of network devices on its platform.
Meraki will form Cisco's new Cloud Networking group, led by Meraki CEO Sanjit Biswas.
From the way things look Cisco is defiantly beefing up there cloud division with great software and great knowable staff as they compete with companies like Oracle and Rackspace.
Meraki will form Cisco's new Cloud Networking group, led by Meraki CEO Sanjit Biswas.
From the way things look Cisco is defiantly beefing up there cloud division with great software and great knowable staff as they compete with companies like Oracle and Rackspace.
