Being an established player in networking, Cisco seems to be strengthening its network-based software solutions by acquiring these companies. Delivering cloud networking and device and security services, the company is solving networking challenges in the cloud computing era. The acquisition of Meraki complements and expands Cisco’s strategy to offer more software-centric solutions to simplify network management.
Meraki technology offers customers Wi-Fi, switching, security and mobile device management centrally managed from the cloud. Meraki solutions support BYOD, guest networking, application control, WAN optimization, application firewall and other advanced networking services. The Meraki acquisition will strengthen Cisco’s Unified Access platform, which makes IT more responsive to business innovation by simplifying IT operations and uniting wired and wireless networks, policy and management into one integrated network infrastructure, unlike other competitive offerings.
“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.”
The cash deal will cost the company approximately $1.2 billion in cash and retention-based incentives to acquire the entire business and operations of Meraki. When the acquisition completes, Meraki will form Cisco’s new Cloud Networking group,