New England Communications Blog Fortinet Acquires Meru Networks

For those of you who have been happy with Meru Networks WiFi solutions but concerned about their financials, there is good news. On May 27th Fortinet announced that it is acquiring Meru for approximately $44 million dollars. Representatives of Fortinet visited our office this week to discuss the Meru transaction. Fortinet enjoys the position of have one billion dollars in cash on hand with no debt. That's pretty impressive and should help reduce any concerns that any of you have about Meru's financial position. This excerpt taken from Fortinet's press release explains why they would be interested in a company [...]