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By: Benzinga
November 19, 2012 at 12:33 PM EST
Meraki Acquisition Brings "Simple" and "Secure" Cloud Managed Networks to Cisco
Cisco (NASDAQ: CSCO ) announced this weekend that it plans to acquire Meraki, a cloud-managed network infrastructure company, for $1.2 billion. The company, which "brings the benefits of the cloud to edge and branch networks," aims to deliver easy-to-manage wireless, switching and security solutions "that enable customers to
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