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 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...

 PRESS RELEASE

Aerohive® Recognized as the Second Largest Cloud-Managed Wireless LAN...

MILPITAS, Calif.--(BUSINESS WIRE)-- , a leader in cloud-managed networking, today announced it is named the second largest vendor in the Enterprise-class Cloud-managed Wireless LAN (WLAN) market in the “Cloud Managed Wireless LAN Services White Paper” published by the , an independent market research firm focused on researching data center, communications, and information technology markets. As one of the pioneers of Cloud-managed WLAN, Aerohive continues to drive at cloud-speed with several recent industry firsts, including first family of...

 PRESS RELEASE

Aerohive® Drives Enterprise Networking Innovation at Cloud-Speed

MILPITAS, Calif.--(BUSINESS WIRE)-- ® (NYSE: HIVE), a leader in cloud-managed networking, today unveiled two new innovations that further strengthen Aerohive’s cloud managed networking vision. Through extensive interviews with customers, partners and industry analysts, Aerohive has identified that the enterprise demands not just a fast network, but a F.A.S.T. future: Flexibility in deployment, hardware, licensing, expansion, and upgrade options; Actionable Insights driven by ML/AI to better understan...

 PRESS RELEASE

Aerohive® Launches Best-in-Class Partner Portal to Fuel Channel Succe...

MILPITAS, Calif.--(BUSINESS WIRE)-- ® (NYSE: HIVE), a leader in cloud-managed networking, today launched a best-in-class Partner Portal to better serve channel affiliates and streamline business transactions. The new platform, built on Salesforce Partner Communities, positions partners for greater success by connecting, communicating, engaging and continually equipping them with effective tools and resources. Focused on maximizing efficiency through the entire channel process and enhancing user experience, the new and improve...

 PRESS RELEASE

Two Honorees from Aerohive® Recognized on CRN’s Prestigious 2019 Wo...

MILPITAS, Calif.--(BUSINESS WIRE)-- , a leader in cloud-managed networking, announced today that , a brand of , has named North American Distribution Account Manager Judy Aponte-Randall, and Senior Manager of Channel Marketing Erica Rose, to its prestigious 2019 Women of the Channel list. The leaders on this annual list are from all areas of the IT channel ecosystem; representing technology suppliers, distributors, solution providers, and other IT organizations. Each is recognized for her contributions to channel advocacy, chan...

 PRESS RELEASE

Aerohive Networks® to Participate at Wi-Fi NOW 2019 Conference & Expo

Aerohive Networks (NYSE: HIVE): What:Aerohive® will participate at the Wi-Fi World Congress USA’s Wi-Fi NOW 2019 Conference & Expo, which will take place May 14th to 16th in Washington D.C. Aerohive’s Director of Technical Education and Marketing and CWNE #4 David Coleman will host a speaking session on Wi-Fi 6 for the Enterprise. Wi-Fi NOW 2019, the only 100-percent Wi-Fi event in the world, will showcase the most promising companies and inspiring case stories that are driving the Wi-Fi industry forward. ...

 PRESS RELEASE

Aerohive Networks® Reports Q1 2019 Results

MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks (NYSE: HIVE), a leader in cloud-managed networking, today announced financial results for its first quarter ended March 31, 2019. “Given our first quarter results, we have taken actions to improve execution and predictability going forward. Looking ahead, we are encouraged by our continued progression to a more SaaS-like business model, the Wi-Fi 6 (802.11ax) upgrade opportunity, and our success in the 2019 E-rate cycle,” stated David Flynn, president and chief exec...

 PRESS RELEASE

Aerohive® Special Edition Cloud-Managed Network Access Control (NAC) ...

MILPITAS, Calif.--(BUSINESS WIRE)-- ® (NYSE: HIVE), a leader in cloud-managed networking, today announced the publishing and availability of the “” book. Cloud-managed Network Access Control (NAC) for Dummies provides an overview of the concepts and components of NAC security and Aerohive’s A3™ solution, which delivers enterprise-grade functionality for securing, managing and controlling all devices on the access network, from standard wired and wireless clients to IoT and BYOD. NAC for Dummies teaches the key aspects of network acces...

 PRESS RELEASE

Aerohive® Achieves Record Q1 Revenue in EMEA

MILPITAS, Calif.--(BUSINESS WIRE)-- ® (NYSE: HIVE), a leader in cloud-managed networking, today announced it has achieved record Q1 revenue across Europe, the Middle East, and Africa (EMEA). In 2019, Aerohive experienced the best-ever Q1 revenue and brought on more than 600 new customers across all EMEA areas. Aerohive’s EMEA record revenue was a reflection of increased demand for the company’s cloud-managed networking architecture based on Artificial Intelligence (AI) and Machine Learning (ML), along with an increased demand for 802....

 PRESS RELEASE

Aerohive Networks® Achieves 55% Year-Over-Year Increase in E-rate Fun...

MILPITAS, Calif.--(BUSINESS WIRE)-- ® (NYSE: HIVE), a leader in cloud-managed networking, today announced the conclusion of a successful 2019 E-rate filing cycle. The value of 2019 E-rate Form 471 funding requests filed for Aerohive products and services increased by approximately 55 percent year-over-year to more than $37 million, as reported by E-rate Profit Works. This strong growth was the result of a return to significant growth in the 2019 E-rate cycle, combined with an increase in Aerohive’s market share to over 10% of all “wir...

 PRESS RELEASE

Aerohive Networks® Announces Preliminary First Quarter 2019 Financial...

MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks (NYSE: HIVE), a leader in cloud-managed networking, today announced preliminary results for the first quarter ended March 31, 2019, based upon preliminary unaudited financial information. Revenue for the first quarter is expected to be approximately $33 million, which is below the Company's previously stated guidance of $36 million to $38 million provided on February 6, 2019. The Company believes approximately half of the revenue shortfall to be primarily due to s...

 PRESS RELEASE

Aerohive® Achieves ISO 27001 Certification for HiveManager™ Cloud P...

MILPITAS, Calif.--(BUSINESS WIRE)-- ™ (NYSE: HIVE), a leader in cloud-managed networking, announced today that it is . Aerohive takes threats to the availability, integrity, and confidentiality of our clients’ information seriously. Therefore, Aerohive is now a  provider whose ISMS, designed to ensure a secure information processing environment for employees, customers, and partners, has received third-party accreditation from the International Standards Organization (ISO). “ISO 27001:2013 certification of Aerohive’s c...

 PRESS RELEASE

Aerohive® Appoints Ingrid Burton to Board of Directors

MILPITAS, Calif.--(BUSINESS WIRE)-- ™ (NYSE: HIVE), a leader in cloud-managed networking, today announced it has appointed Ingrid Burton, current CMO at H20.ai, to its board of directors effective immediately. Ingrid is a proven executive with over 30 years of experience building brands, creating demand, and growing businesses. News Facts: Ingrid Burton joins Aerohive’s Board of Directors. Ingrid Burton currently serves as CMO at H2O.ai, the open source leader in AI and Machine Learning. ...

 PRESS RELEASE

Aerohive Networks Expands Global Cloud Footprint by Launching HiveMana...

MILPITAS, Calif.--(BUSINESS WIRE)-- ™ (NYSE:HIVE), a cloud-management leader, today announced the continued expansion of its global cloud footprint with the launch of its new Regional Data Center (RDC) in Sweden. By adding the Sweden RDC, Aerohive is accelerating the global adoption of cloud-managed networking with its unmatched innovation velocity, scale, and flexibility. Aerohive’s global cloud footprint now includes 13 public and private-cloud RDCs in 11 countries: United States, Ireland, Germany, Netherlands, Sweden, Brazil, Japan...

 PRESS RELEASE

CORRECTING and REPLACING: Blue Tree Hotels Replaces Ruckus with Aerohi...

MILPITAS, Calif.--(BUSINESS WIRE)-- Please replace the release dated March 12, 2019 with the following corrected version due to multiple revisions. The corrected release reads:  BLUE TREE HOTELS REPLACES RUCKUS WITH AEROHIVE®’S CLOUD-MANAGED WIRELESS SOLUTION TO PROVIDE HIGH-QUALITY, CLOUD-MANAGED ARCHITECTURE ACROSS DEMANDING HOTEL ENVIRONMENT ™ (NYSE: HIVE), a cloud-management leader, today announced Blue Tree Hotels Group, one of Brazil’s most admired hotel chains, has chosen Aerohive, in partnersh...

 PRESS RELEASE

Aerohive® to Present at the JMP Securities Technology Conference on F...

MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks™ (NYSE: HIVE), a Cloud Networking leader, today announced that management will present at the JMP Securities Technology Conference on Monday, February 25, 2019, at 12:30 p.m. PT in San Francisco, CA. A live and archived audio webcast of the presentation will be available on the “Investor Relations” section of Aerohive’s website at . About Aerohive Networks Aerohive uses Cloud Management, Machine Learning, and Artificial Intelligence to radically si...

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