Cisco buys cloud network company Meraki for sky-high amount of $1.2B November 18, 2012 4:40 PM Rebecca Grant Rebecca Grant Twitter Facebook Profile Recent Stories: Valet protects you from parking tickets with Google’s new location API (exclusive) Nevahold rallies angry customers on social media to make their voices heard (exclusive) Skyword takes off with $6.7M for content marketing Cisco just announced its intent to buy wi-fi startup Meraki Inc. for $1.2 billion.