News / Security
Cisco proposes to acquire Meetinghouse for security technology
Cisco Systems announced in 2006 that it intended to acquire Meetinghouse Data Communications for 43.7 million US dollars in cash and stock, subject to conditions including regulatory approvals.
Access control as the rationale
Meetinghouse was described as making technology to limit wired and wireless network access to authorized users or particular host devices. Cisco presented the deal as a way to strengthen its wireless-security products.
The source expected closing near the end of the year, but that expectation was conditional. It also identified Meetinghouse as a 77-person company founded in 1988 and based in Portsmouth, New Hampshire. An acquisition announcement and its stated rationale do not on their own establish later ownership, product integration or staffing.