Milpitas, Calif. — June 28, 2018 — Aerohive Networks® (NYSE: HIVE), a Cloud Networking leader, today announced it has executed a global partnership agreement with Juniper Networks to sell Aerohive’s industry-leading Cloud Managed Wi-Fi solution, including its new family of 802.11ax access points and its HiveManager® Cloud Management platform. Additionally, Juniper Sky Enterprise, Juniper’s cloud network management solution, has already been integrated at the time of this announcement with Aerohive’s HiveManager using APIs to simplify management of the joint solution.
“We are proud to expand our strategic partnership with Juniper that enables Juniper to sell Aerohive technology through their global sales force and channel partners,” said David Flynn, chief executive officer, Aerohive Networks. “This partnership will be a force multiplier for Aerohive that significantly extends our ability to showcase our public, private and portable cloud management architecture and industry leading access points to Juniper’s customers.”
“Many enterprise customers are asking for a single solution to help simplify their access network installation, configuration and operation” said Michael Bushong, vice president of cloud and enterprise, Juniper Networks. “Juniper’s expanded relationship with Aerohive provides our customers an integrated wired and wireless solution that delivers a simple, flexible, cloud-managed solution.”
“Juniper customers include some of the world’s largest and most influential enterprises, that span all strategic verticals,” said Zeus Kerravala, principal analyst, ZK Research, “This alliance will create a disturbance in the force by introducing world-class switching from Juniper and world-class Wi-Fi from Aerohive to these large and influential customers through Juniper’s global sales force and channel.”
“As we looked to update our district’s network infrastructure, it was critical for us to invest in technologies that operate independently, yet still connect seamlessly with one another,” said Brian Currin, IT operations manager, Boise City Independent School District. “We’re excited to see a partnership between Juniper Networks and Aerohive, as our school district already uses products from both vendors and has empowered us with the freedom and flexibility to implement a customized infrastructure and ultimately deliver a heightened learning experience to our teachers and students.”
Safe Harbor Statement
This press release contains forward-looking statements, including statements regarding new Aerohive product and service offerings and statements regarding their expected performance, market receptiveness and competitive advantage. These forward-looking statements are based on current expectations and are subject to inherent uncertainties, risks and changes in circumstances that are difficult or impossible to predict. The actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of these uncertainties, risk and changes in circumstances, including, but not limited to, risks and uncertainties related to: general demand for wireless networking in the industry verticals targeted or demand for Aerohive products in particular, unpredictable and changing market conditions, risks associated with the deployment, performance and adoption of new products and services, risks associated with our growth, competitive pressures from existing and new companies, technological change, product development delays, our inability to protect Aerohive intellectual property or to predict or limit exposure to third party claims relating to its or Aerohive’s intellectual property, and general market, political, regulatory, economic and business conditions in the United States and internationally.
Additional risks and uncertainties that could affect Aerohive’s financial and operating results are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in the Company’s recent annual report on Form 10-K and quarterly report on Form 10-Q. Aerohive’s SEC filings are available on the Investor Relations section of the Company’s website at http://ir.aerohive.com and on the SEC’s website at www.sec.gov. All forward-looking statements in this press release are based on information available to the Company as of the date hereof, and Aerohive Networks disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
About Aerohive Networks
Aerohive (NYSE: HIVE) has a proven history of innovation helping IT radically simplify wireless and wired access using Cloud Networking. Aerohive’s Public Cloud, Private Cloud, or Portable Cloud Architecture is based on the latest Cloud technology and offers unrivaled customer choice and flexibility in choosing a deployment option that meets their current and future needs. Aerohive was founded in 2006 and is headquartered in Milpitas, CA. For more information, please visit www.aerohive.com, call us at 408-510-6100, follow us on Twitter @Aerohive, subscribe to our blog, or become a fan on our Facebook page.