Aerohive Networks Acquires Cloud-Based Networking Leader Pareto Networks.
Expands Uniquely Reliable Cloud-Based Wi-Fi to Broader Cloud Networking Solution.
SUNNYVALE, Calif., January 18, 2011 - Aerohive Networks, creators of the award-winning cooperative control wireless LAN (WLAN) architecture, today announced that it has acquired privately-held Pareto Networks, the leader in cloud-based networking. Aerohive will immediately integrate Pareto's routing, VPN and innovative cloud services technology into Aerohive's operating system (HiveOS) and Cloud Services Platform (HiveManager Online) with new features and platforms beginning to be delivered in Q2 2011.
These solutions will address the cost, operational complexity and survivability requirements of today's mid-size enterprises and highly distributed branch/teleworker networks.
"The addition of Pareto's technology and employees offers a unique opportunity to accelerate our entry into the broader cloud-based networking space and establish an immediate leadership position," said David Flynn, CEO, Aerohive Networks.
"Pareto was first to market with a cloud-based router solution, designed to eliminate the cost and complexity of large, highly distributed branch/teleworker networks. Adding this technology and talent to Aerohive's existing expertise in cloud-based Wi-Fi network management will enable Aerohive to reduce the cost and complexity of mid-size enterprises, branch and micro-branch networks in the same way that it has for enterprise Wi-Fi.
"Cloud-based networking is going to become a significant trend in the years to come because of its ability to reduce the complexity and operational cost of networking, for mid-market and distributed enterprises," said Zeus Kerravala, senior vice president and distinguished research fellow, Yankee Group.
"This is a good move for Aerohive as it leverages their existing cloud-based Wi-Fi footprint and capitalizes on Pareto's early market entry and cloud networking technology," concluded Kerravala.