On Monday morning, shareholders of Cisco Systems (CSCO) will get the opportunity to react to Sunday's takeover of Meraki. Cisco will acquire the privately-held cloud networking company for a consideration of $1.2 billion.
The Deal
Cisco announced on Sunday that it will acquire Meraki, a leader in the cloud networking business. The San Francisco based company offers easy-to-deploy on-premise solutions that are centrally managed from the cloud.
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