Cisco Systems' $1.2 billion purchase of Meraki was pricey, but necessary if the company was going to make a wireless networking play and tap into the small- to mid-sized company market. Meanwhile, ...
In November 2012, Cisco acquired Meraki for a whopping $1.2 billion. At the time, most people thought that was a huge overpayment for a 330-person startup that made its living selling cloud-managed Wi ...