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Examples
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Meru's software and hardware allow companies to move all their network computing functions to a wireless setup, a step that can save money on infrastructure and IT operating costs.
Meru Shines in Nasdaq Debut Lynn Cowan 2010
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Meru's software and hardware allow companies to move all their network computing functions to a wireless setup, a step that can save money on infrastructure and IT operating costs.
Meru Shines in Nasdaq Debut Lynn Cowan 2010
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Meru's system also relies upon virtualization, a more efficient technology that has set IPO investors 'hearts afire in the past; virtualized systems can slice up and portion out the exact amount of networking power needed at any given time, rather than having a lot of dedicated hardware and software sitting idle during lulls.
Meru Shines in Nasdaq Debut Lynn Cowan 2010
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Meru's system also relies upon virtualization, a more efficient technology that has set IPO investors 'hearts afire in the past; virtualized systems can slice up and portion out the exact amount of networking power needed at any given time, rather than having a lot of dedicated hardware and software sitting idle during lulls.
Meru Shines in Nasdaq Debut Lynn Cowan 2010
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Meru's revenue has been growing swiftly throughout the economic downturn, rising 27% in 2009 to $69.5 million.
Meru Shines in Nasdaq Debut Lynn Cowan 2010
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Meru's software and hardware allow companies to move all their network computing functions to a wireless setup, a step that can save money on infrastructure and IT operating costs.
Meru Shines in Nasdaq Debut Lynn Cowan 2010
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But by both generally accepted accounting principles (GAAP) and non-GAAP measures, Meru's first public quarter added up to a loss: $35.8 million according to GAAP, or a whopping $74.19 per share, compared to a comparable calculation for a year ago of $1.9 million and $5.14 per share.
Wireless LAN vendor Meru reports revenue rise, deeper loss 2010
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Meru's stock has been slowly dropping from a post-IPO high of $20.03 per share to its lowest point so far of $13.83 on May 7.
Wireless LAN vendor Meru reports revenue rise, deeper loss 2010
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The new and updated applications run on the Meru Service Appliance, a stand-alone server that runs Meru's E (z) RF Network Manager and other related applications.
Meru packs diagnostic, security features into Wi-Fi management software 2010
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Meru's revenue has been growing swiftly throughout the economic downturn, rising 27% in 2009 to $69.5 million.
Meru Shines in Nasdaq Debut Lynn Cowan 2010
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