Fortinet acquired Meru Networks, Inc. for $41.8 million, a transaction announced in July 2015.
Acquired the Wi-Fi networking vendor via a cash tender offer to add wireless LAN products to Fortinet's portfolio.
Acquired the Wi-Fi networking vendor via a cash tender offer to add wireless LAN products to Fortinet's portfolio.
On July 8, 2015, we completed our acquisition of Meru Networks, Inc. ("Meru"), a provider of Wi-Fi networking products and services. In connection with the acquisition, we paid $41.8 million.
Advisory firms were not disclosed for this transaction.