Wi-Fi firm looks to hotels, universities
The United States wireless network provider Meru Networks Inc is eyeing the Chinese market with the company expecting its revenues in the Asia-Pacific region to double in the next two to three years.
The country's thriving hospitality industry and higher education institutes will be the biggest customers for Meru, which entered China two years ago.
China has been one of the fastest developing markets for Meru because of increasing demand despite slowing gross domestic product growth, according to Bami Bastani, president and chief executive officer of Meru. "The Asia-Pacific region is the fastest growth region for us and China business is the fastest-growing part in the region," he said, without giving precise figures.
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