U.S. stocks higher at close of trade
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Meru Networks, Inc., together with its subsidiaries, provides virtualized wireless local area network (LAN) solutions. Its virtualized wireless LAN solution is based on its System Director Operating System, which runs on its controllers and access points. The company’s System Director Operating System offers centralized coordination and control of various access points on the network. It also offers controllers that synchronize access points to optimize the user experience and manage traffic on the network; Wi-Fi-certified access points that provide network connectivity for wireless devices; and bring-your-own-device (BYOD) and policy management solutions are designed to automate secure guest access. In addition, the company provides Meru Center, a wireless application platform, which unifies network applications under a single platform and permits activation of pre-installed network tool; SA250 and SA2000 Services Appliances that provides the hardware platform for the company’s applications focused on WLAN management and security; and XPress Cloud that provides enterprises with remote management capabilities to operate their network. Further, it offers customer support, professional, and training services. The company serves education, healthcare, hospitality, manufacturing, retail, technology, finance, government, telecom, transportation, and utilities markets. Meru Networks, Inc. sells its products primarily through value added resellers and distributors worldwide. The company was founded in 2002 and is headquartered in Sunnyvale, California. As of July 7, 2015, Meru Networks, Inc. operates as a subsidiary of Fortinet, Inc.