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Re: eighty post# 2421

Friday, 03/23/2012 9:38:51 AM

Friday, March 23, 2012 9:38:51 AM

Post# of 2515
I would assume the the patents yes. Its interesting how this was worded as there was a question of would they sell these two and liquidate or reorganize around their IP and become a pure licensing company.

Others thoughts on the hire:
http://www.bizjournals.com/sanjose/news/2012/03/21/meru-networks-names-bami-bastani-as-ceo.html

Sunnyvale-based Meru went public in 2010, but posted the second biggest stock drop in Silicon Valley last year, losing 73.22 percent of its value and closing at $4.22 at the end of December. It closed Wednesday at $4.62, up 1 cent from Tuesday's close.

Trident was the biggest Silicon Valley loser of 2011, dropping nearly 90 percent over the course of the year.


If I was a Meru shareholder I don't think I would be excited over the hire.

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