MERU Networks Inc.

MERU Networks Inc.

MERU Networks Inc.

Overview
Date Founded

2002

Headquarters

894 Ross Drive, Sunnyvale, CA, 94089, USA

Type of Company

Private

Employees (Worldwide)

5,001 - 10K

Industries

Computer Hardware
Wireless Telecommunications
Wholesale: Technology
IT Consulting & Services
Computer Software

Company Description

Meru began with a vision that sooner or later most enterprises would operate in an all-wireless environment: the network edge would need no wires, and a wireless LAN would fully support the enterprise. We wanted users to be able to count on the wireless network to access the content and applications they needed to get their jobs done, and we wanted IT managers to have the power to prepare their networks for the next generation of mobile applications. To bring that vision to life, we created a unique architecture that frees networks from the limitations of client control. With mobility in mind, we custom-built a network that could deliver the seamless coverage and simple scalability that are only possible with a single-channel design, a network that could virtualize RF resources to ensure smooth, predictable performance. Today the Meru Virtualized Wireless LAN is serving thousands of customers around the world

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Executives & Employees

Vice President & Managing Director India

Senior Vice President, Human Resources

Senior Vice President-Worldwide Operations

Vice President Subscription Cloud SME

Vice President-North America Sales

Owner

Secretary, Director & General Counsel

Senior Director of Engineering

Director

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Recent Transactions
Details Hidden

Fortinet Inc. purchases MERU Networks Inc.

Details Hidden

MERU Networks Inc. issued USD Common Stock

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MERU Networks Inc. purchases Identity Networks

Transaction Advisors
Auditor

Advised onMERU Networks Inc. issued USD Common Stock

Legal Advisor

Advised onMERU Networks Inc. purchases Identity Networks

Underwriter

Advised onMERU Networks Inc. issued USD Common Stock

Legal Advisor

Advised onFortinet Inc. purchases MERU Networks Inc.

Legal Advisor

Advised onFortinet Inc. purchases MERU Networks Inc.

Legal Advisor

Advised onFortinet Inc. purchases MERU Networks Inc.

Advisors & Consultants
Consultant

Managing Director & Global Head of Communications Technology Investment Banking at Bank of America Merrill Lynch

Legal Advisor

Chairman, Partner at Fenwick & West LLP

Advisor

Chief Financial Officer at MINDBODY, Inc.

Clients

CME Group, Inc. operates as a security and commodity exchange company. It provides the risk management and investment needs of customers around the globe. The firm offers products across various asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. It brings buyers and sellers together through its CME Globex electronic trading platform across the globe and its open outcry trading facilities in Chicago and New York City. The firm also provides clearing and settlement services for exchange-traded contracts, as well as for cleared over-the-counter derivatives transactions. It also offers market data services-including live quotes, delayed quotes, market reports and a comprehensive historical data service and has expanded into the index services business through CME Group Index Services. The company was founded in 1898 and is headquartered in Chicago, IL.

Key Stats and Financials As of
Market Capitalization
$39.3M
Total Enterprise Value
Earnings Per Share
Investors
Details Hidden

Former Senior Vice President at D. E. Shaw & Co. LP

Details Hidden

Jumpstart Ventures invests in companies located in the US. The firm target companies operating in the fields of healthcare, education & media communications. The firm provides equity financing for seed, early& later stage capital requirements with an investment size ranges from $15,000 to $100,000.

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Monitor Venture Services focuses on making early-stage investments in technology-driven start-up companies. The firm seeks to partner with exceptional entrepreneurs to commercialize innovative technologies into world-class products and services. They look for opportunities with solid, practical business models that have the potential to grow into leading companies.

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