HIVE Aerohive Networks

The Industry’s First Enterprise-Class Pluggable Access Points Now Shipping

Aerohive Networks™ (NYSE: HIVE), a Cloud Networking leader, today announced that the Aerohive Atom AP30™, the industry’s first pluggable, enterprise-class Wi-Fi access point, is now available for purchase. Aerohive Atom AP30 is designed to augment or replace ceiling-mounted access points and to radically simplify providing connectivity in both easy and hard-to-reach locations.

“We have seen significant demand in the Wi-Fi Infrastructure market for devices that reduce the need for wiring; two such examples are Consumer Repeaters and the Wi-Fi mesh devices, each which have experienced significant growth since their introduction,” said Chris DePuy, Founder and Technology Analyst at 650 Group. “In enterprises, there is pent up demand for devices that can be rapidly installed to extend coverage, improve throughput or connect wired devices without the need to run any cabling. Pluggable access points, like the Aerohive Atom P30, address the demand for rapid deployment of Wi-Fi coverage while at the same time allowing these devices to be managed as part of an enterprise-class management system.”

“Over the next five years, billions of IoT devices will be connected, with many of them connecting over Wi-Fi,” said Zeus Kerravala, principal analyst, ZK Research. “Because the Atom AP30 has built-in Bluetooth Low Energy (BLE), it can be used as an IoT bridge where IoT devices can connect to it. This can be particularly useful in places where IoT devices are in hard-to-reach locations or even out in the field. I’ve talked to many network managers who are trying to get Wi-Fi literally everywhere. This includes lobbies, stairwells, bathrooms, storage rooms or other areas. Without Atom AP30, extending Wi-Fi to these locations would involve pulling cables or moving existing APs. Now they can just plug in Atom and connect away.”

“Another interesting use case is to improve connectivity in areas with a large number of mobile devices,” said Kerravala. “When the density of devices gets too high, it becomes a game of musical chairs as to who can connect and who can’t, leading to a situation where everyone’s connectivity is bad. The Atom AP30 can be quickly added to these kinds of spaces either permanently or temporarily. Atom AP30 also has integrated VPN capabilities, making it easy for the company network to be extended to remote locations. For example, a teleworker could take an AP30 home, plug it in and have connectivity back to the company network, obviating the need for software-based VPN clients to be deployed on mobile devices. Other use cases for this could be connectivity to a company booth at a trade show, a kiosk in a mall or a consultant at a client site.”

Aerohive Atom AP30 has gone through the rigid enterprise-class testing required to achieve Wi-Fi Alliance Certification, making the Aerohive Atom AP30 the only enterprise-class pluggable AP available on the market. Aerohive Atom AP30 rounds out a full and diverse portfolio of Wi-Fi Alliance Certified access points for Aerohive.

To watch a video demo of Aerohive Atom AP30 being installed, visit https://blog.aerohive.com/video-demo-of-aerohive-atom-ap30-installation/.

Pricing and Availability

Aerohive Atom AP30 is currently available with Type A and B power plug compatibility, with a follow-on version with Rest-of-World power plug compatibility currently under development. Aerohive Atom AP30 can be deployed with Aerohive Connect™, the industry’s only subscription-free cloud management or Aerohive’s full featured Select™ cloud management.

Aerohive Atom AP30 is sold at $599 per pack of three, and is available now in the United States, Canada, Japan, and Mexico, with a wider set of International plug types to follow.

Visit www.Aerohive.com/Atom for more details.

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) enables our customers to simply and confidently connect to the information, applications, and insights they need to thrive. Our simple, scalable, and secure platform delivers mobility without limitations. For our customers worldwide, every access point is a starting point. 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 http://boundless.aerohive.com/, or become a fan on our Facebook page.

“Aerohive” and “HiveManager” are registered trademarks and “Aerohive Networks” and “Aerohive Atom AP30” are trademarks of Aerohive Networks, Inc. All product and company names used herein are trademarks or registered trademarks of their respective owners. All rights reserved.

EN
04/04/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Aerohive Networks

 PRESS RELEASE

Aerohive Networks® Reports Q2 2019 Results

MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks (NYSE: HIVE), a leader in cloud-managed networking, today announced financial results for its second quarter ended June 30, 2019. "We delivered a solid second quarter with revenue, gross margin, and non-GAAP EPS all within or better than our guidance ranges. Aerohive’s Subscription and Support revenue was up 19% year-over-year, reflecting continued improvements in our operating leverage,” stated David Flynn, president and chief executive officer, Aerohive Networks. “As announced in June, we signed a definitive agreement to be acquired by ...

 PRESS RELEASE

Aerohive® to Exhibit Innovative Cloud-Managed Networking Solution for...

MILPITAS, Calif.--(BUSINESS WIRE)-- , a leader in cloud-managed networking, will be showcasing its latest innovations in education technology at the from June 23rd to June 26th. ISTE is recognized as the most comprehensive educational technology conference in the world. Aerohive® will exhibit at ISTE 2019, demonstrating its school-optimized and mobile-friendly access network solutions for the classroom and connected campus. Aerohive’s cloud-managed platform, HiveManager®, powered by artificial intelligence and machine learning capabilities, helps radically simplify and secure networking for...

 PRESS RELEASE

Aerohive® to Exhibit Latest Innovations in Hospitality and Sustainabi...

MILPITAS, Calif.--(BUSINESS WIRE)-- , a leader in cloud-managed networking, will be showcasing its latest hospitality innovations at from June 17th-20th. As the world’s largest hospitality technology show, HITEC combines the brightest minds and the most innovative technologies from around the world into one exposition featuring over 365 companies. Aerohive is transforming hospitality networks from a commodity to a business-critical tool through its solutions focused on business intelligence, cost reduction and sustainability...

 PRESS RELEASE

JCDecaux Propels Its Wi-Fi Connectivity and Provides Better User Exper...

MILPITAS, Calif.--(BUSINESS WIRE)-- ® (NYSE: HIVE), a leader in cloud-managed networking, today announced that JCDecaux, an innovative French company and the world leader in the Out-Of-Home communication market with over 1 million advertising panels spread across more than 80 countries, has adopted and expanded their cloud-managed network across 14 countries in Latin America using the newest version of HiveManager®, Aerohive’s cloud-based network management platform powered by Artificial Intelligence (AI) and Machine Learning (ML). ...

 PRESS RELEASE

RougeGorge Selects Aerohive’s Cloud-Managed Networking Solution to U...

MILPITAS, Calif.--(BUSINESS WIRE)-- French lingerie brand selects , a leader in cloud-managed networking, to provide a flexible and secure Wi-Fi solution for its 232 stores and headquarters. Founded in 1998, RougeGorge allows women to express their femininity however they choose through affordable, creative and smart lingerie for every occasion. The company is enjoying growing success, with an average of 20 new stores opening in France and Belgium every year. In early 2016, RougeGorge started thinking about creating c...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch