Money Involved: $1.2 billion
Why It Matters: Just when you think Cisco's lost its appetite for channel-disruptive blockbusters, along comes something like this: a $1.2 billion snap-up of a company that was on an IPO path. The acquisition brings Cisco a cloud management technology, and Meraki is now the networking titan's go-to for midmarket networking sales. In the wake of Cisco's Meraki buy last week came a galaxy of new questions, particularly for partners of both companies. But as statement M&A moves go, Cisco made a big one.