Fortinet to acquire Meru Networks for USD 44 mln

Wednesday 27 May 2015 | 18:25 CET | News
Fortinet announced an agreement to acquire Meru Networks for USD 44 million, expanding its position in the secure wireless networking market. The company said its FortiAP wireless access points and FortiWiFi security appliances are already its fasting-growing products. The addition of Meru's Wi-Fi products extends its portfolio for environments requiring high-capacity load and a high-density of wireless users, such as enterprise, education, healthcare and hospitality. Meru's product range includes access points, controllers, SDN-enabled Wi-Fi system software, and cloud and virtual wireless

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: Fortinet / Meru Networks
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Fortinet launches Cyber Threat Assessment programme

Published 29 Jul 2015 11:19 CET | United States
Fortinet unveiled its new Cyber Threat Assessment programme designed to provide organisations with a detailed look into the type ...

Fortinet expands Americas sales team 

Published 15 Jul 2015 11:33 CET | North America
Fortinet announced that industry-veterans Eric Mann and Mike Bossert joined the company's leadership team, as Americas sales vice ...

Convention Centre Dublin chooses Meru Wi-Fi

Published 29 May 2015 10:52 CET | Ireland
Wi-Fi specialist Meru Networks has installed an 802.11ac Wi-Fi network at the Convention Centre Dublin (CCD), which previously ...

Meru signs for USD 15 mln debt facility

Published 27 May 2015 09:54 CET | United States
Wi-Fi networking vendor Meru Networks has received a senior secured credit facility of up to USD 15 million from Opus Bank. The ...

Meru launches Wi-Fi-as-a-Service with Westcon

Published 15 May 2015 08:58 CET | World
Meru Networks announced a strategic relationship with WestconGroup to deliver a subscription-based Wi-Fi-as-a-Service (WaaS) ...

Meru Networks loss unchanged as revenues fall 15% in Q1

Published 05 May 2015 11:53 CET | United States
Wi-Fi networking vendor Meru Networks reported first quarter revenues down 15 percent year-on-year to USD 17.4 million, with ...

Fortinet reduces profit despite 26% higher revenues in Q1

Published 21 Apr 2015 09:18 CET | United States
Cyber security specialist Fortinet reported first quarter revenues up 26 percent from the year before to USD 212.9 million but ...

Meru Networks restructures sales organisation

Published 07 Apr 2015 10:33 CET | World
Meru Networks announced a restructuring of its sales organisation with geographic sales vice presidents reporting directly to the ...

Fortinet unveils seven new wireless access points

Published 13 Jan 2015 23:13 CET | World
Global cyber security company, Fortinet released seven new FortiAP Wireless LAN Access Points at the National Retail Foundations ...

Calendar   /   Industry Events

18 Oct Apple Event
19 Oct A1 Telekom Austria Q3 2021
19 Oct Tele2 Q3 2021
19 Oct Netflix Q3 2021
19 Oct Iridium Q3 2021
19 Oct Arm DevSummit
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Crown Castle Q3
20 Oct Verizon Q3 2021
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct AT&T Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Telenor Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
22 Oct Doro Q3 results
22 Oct Ericsson Q3 2021
::: More Calendar Items