M&A Deal Summary

Aruba Networks Acquires Meridian Apps

On June 19, 2013, Aruba Networks acquired internet software and services company Meridian Apps for 26M USD

Acquisition Highlights
  • This is Aruba Networks’ 1st transaction in the Internet Software and Services sector.
  • This is Aruba Networks’ 3rd largest (disclosed) transaction.
  • This is Aruba Networks’ 4th transaction in the United States.
  • This is Aruba Networks’ 1st transaction in Oregon.

M&A Deal Summary
Date 2013-06-19
Target Meridian Apps
Sector Internet Software and Services
Buyer(s) Aruba Networks
Deal Type Add-on Acquisition
Deal Value 26M USD

Target

Meridian Apps

Portland, Oregon, United States
Meridian provides an enterprise software platform targeted at public-facing enterprises, including casinos, hospitals, malls, stores, transport hubs, convention centers, museums and campuses, to help customers navigate these large, indoor facilities. Enterprises use the platform to create custom-branded mobile applications to provide turn-by-turn directions, highlight points of interest along the way, deliver context-awareness advertising and offer detailed analytics about users’ travel patterns and preferences.

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Buyer(S) 1

Buyer

Aruba Networks

Sunnyvale, California, United States
Category Company
Founded 2002
Sector Technology Hardware
Employees1,754
Revenue 729M USD (2014)
DESCRIPTION
Entrance to Aruba Networks' office in Sunnyvale, California.
Entrance to Aruba Networks' office in Sunnyvale, California.

Aruba Networks, Inc. is a provider of next-generation network access products and solutions for the mobile enterprise. Aruba designs and delivers Mobility-Defined Networks that empower IT departments and GenMobile, a new generation of tech-savvy users who rely on their mobile devices for every aspect of work and personal communication. Aruba Networks, Inc. was formed in 2002 and is based in Sunnyvale, California.

DEAL STATS #
Overall 4 of 4
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Oregon) 1 of 1
Country (United States) 4 of 4
Year (2013) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-17 Avenda Systems

Santa Clara, California, United States

Avenda Systems is a developer of network security solutions that securely connect users and their personal mobile devices to business networks.

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