9. Cisco Buys Meraki For $1.2 Billion
Cisco made a lot of acquisitions this year, and one of the biggest was the $1.2 billion purchase of Meraki, a networking startup that specializes in cloud-based management of wired and wireless infrastructures. Cisco said it will use Meraki's management platform to deliver cloud-based networking solutions to small and midsize businesses. The Meraki acquisition is one of many moves Cisco has made recently to build up its cloud offerings.