Cisco To Buy Meraki For $1.2 Billion
UnanimousCoward writes "Several outlets are reporting Cisco's intent to acquire Meraki for $1.2 billion. From the article: 'Cisco Systems of San Jose, California, says it is buying Meraki Networks of San Francisco for around $1.2 billion in cash. The news of the deal leaked on Twitter, when Cisco accidentally posted the news on its blog and swiftly removed it, but it was too late. Cisco is hoping to focus on smaller and medium-sized campuses with Meraki and its products.'"
What the hell does Meraki do? You can safely assume we've heard of Cisco, but not Meraki.
Hail Eris, full of mischief...
E pluribus sanguinem
Back when Meraki came out they were a great product. Cheap products that did mesh that just worked. I used them for years giving free wifi to a small area that transferred over 1TB to thousands of clients. Then Google bought them - or invested into them, not sure the exacts - and I didn't notice much of a difference at first. I wanted to expand my area and found the cheap products were end of lifed and no more. They had more expensive multiband gear and then enterprise. I could upgrade but it wasn't worth the expense to add two units when I could redo my whole area by going with openmesh. I've been happy with openmesh, another simple mesh wifi that just works. In fact I'm using it right now, my house is 2 hops from the commercial connection at the office, about 1km away.
I never used the enterprise level gear. If it was as easy to use as the cheap gear I can see why it'd have value. I am surprised that it's a billion dollar value. I wonder how much profit Google made through this?