Cloud Computing: Cisco To Buy Meraki for $1.2 Billion

Late Sunday Cisco said it’s going to buys Meraki, a privately held cloud
networking start-up, for $1.2 billion in cash and retention-based incentives.

Seems social media upset the announcement plans, which were set for
Monday morning, when there’ll still be a conference call.

The acquisition is supposed to accelerate Cisco’s evolution toward software-
defined networking and expand its cloud-based network offerings to new

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