Cisco buys Meraki for $1.2bn to anchor its new cloud networking group
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Company: Cisco Meraki
Other Companies: Airespace, Aironet Wireless Communications, Alcatel-Lucent, Bank of America Merrill Lynch, Citrix, Cloupia, Ericsson, Google, Ipanema Technologies, Juniper, Linksys, Lucent Technologies, Merrill Lynch, Massachusetts Institute of Technology, Morgan Stanley, Riverbed, Sequoia Capital, Silver Peak
Analyst(s): John Mazur Brenon Daly