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With more of us buying and using smartphones and tablets, Internet traffic is set to explode and Cisco wants to capture as much of the upside as it can get. For Cisco Systems (Nasdaq: CSCO ) , selling big-ticket gear won't be enough. Meraki, which Cisco acquired for $1.2 billion this week, could fill the gap with a suite of products for building and managing low cost Wi-Fi networks via the cloud.
See more in the following video with Fool contributor Tim Beyers.
Will the deal make a difference in the networker's growth story? Cisco needs as much help as it can get. Once a highflying tech darling, the company is now on the radar of value-oriented dividend lovers. Get the lowdown on the routing juggernaut in The Motley Fool's new premium report, written by Tim himself. You'll also get a full year of free updates to keep you informed as the story changes. Just click here now to read more.