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Saturday, November 22, 2008
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Trapeze Firesale Bad news for Meru

Aruba at $160M in annual revenue and market cap of $400-$500M. Trapeze at $56M in revenue and sale price of $133M. Meru next -- $40M in 2007 revenue, according to analysts, searching for more funds or a buyer right now, and facing an uglier-than-ever valuation picture. Their last round was raised almost a year ago, when Aruba was worth $1B+.

Get ready for more shakeup/shakeout

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Trapeze Firesale Bad news for Meru

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Aruba at $160M in annual revenue and market cap of $400-$500M. Trapeze at $56M in revenue and sale price of $133M. Meru next -- $40M in 2007 revenue, according to analysts, searching for more funds or a buyer right now, and facing an uglier-than-ever valuation picture. Their last round was raised almost a year ago, when Aruba was worth $1B+.

Get ready for more shakeup/shakeout

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