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SUNNYVALE--- Aruba Networks Completes Acquisition of AirWave Wireless |
| 3/26/2008 @ 6:44 AM
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Aruba Networks, Inc. (NASDAQ: ARUN), a global leader in wireless LANs and secure unified mobility solutions, today announced that it has completed the acquisition of AirWave Wireless, Inc. first announced in January. AirWave is a leading provider of specialized tools to centrally manage large, multi-vendor wireless LAN, mesh, and WiMAX networks. AirWave's management software is used by many Fortune 500 companies as well as hundreds of IT organizations spanning the education, finance, government, healthcare, hospitality, technology, manufacturing, and retail markets. Operating as a division of Aruba, AirWave will aggressively expand the range of products supported by the AirWave Wireless Management Suite, and in so doing further enhance its position as a leading multi-vendor management solution.
"We believe the AirWave platform stands out as the most richly featured wireless management application on the market, whether for use managing a single vendor network or a multi-vendor system transitioning from legacy equipment to 802.11n," said Dominic Orr, Aruba's president and CEO. "Comprehensive network management is essential for maintaining high network up-time and driving down the total cost of ownership. Compared to the AirWave Management Platform, other wireless network management products on the market are proprietary and minimally featured. We will be unrelenting in our expansion of the capabilities of this platform, and are committed to growing the roster of supported multi-vendor products based on market share and customer demand."
Legacy and new networking equipment often need to run side-by-side, in some cases for years, because of multi-year capital equipment purchasing cycles and the phased introduction of new networking technology like 802.11n. The AirWave platform simplifies technology transitions by extending the useful life of legacy wireless LAN investments and providing a single console interface for both old and new devices. AirWave's platform manages networks and products from more than sixteen suppliers including Cisco, Aruba, HP ProCurve, Motorola/Symbol, Proxim, and Tropos. Additional coverage will continue be added under Aruba's ownership.
"Aruba is leap-frogging the industry with a vendor-neutral wireless management platform with unique features tailored to single-vendor networks and the sophistication to handle the largest, most complex multi-vendor networks," said Greg Murphy, general manager of the new AirWave division. "As wireless networks permeate the enterprise, only vendor-neutral management platforms future-proof purchasing decisions, extending the useful life of existing investments while providing a path forward to future technologies and vendors. End users want and need such a capability, and we believe it will be mandated for all wireless network purchases moving forward."
"A wireless network management system provides insights into the operation, health, and stability of a system, and as such is an indispensable tool for the day-to-day operation of business-critical infrastructure," said Daniel Corsetti, IDC's senior analyst for enterprise networks. "Regardless of the size, scope, and composition of a network, a single, consolidated management console offers operational advantages over multiple console views. We believe that vendor-neutral network management is the wave of the future and will play an important role in simplifying complex management tasks."
About Aruba Networks
People move. Networks must follow. Aruba securely delivers networks to users, wherever they work or roam. Our unified mobility solutions include Wi-Fi networks, identity-based security, remote access and cellular services, and centralized multi-vendor network management to enable the Follow-Me Enterprise that moves in lock-step with users:
-- Follow-Me Connectivity: Adaptive 802.11a/b/g/n Wi-Fi networks optimize
themselves to ensure that users are always within reach of mission-critical
information; -- Follow-Me Security: Identity-based security assigns access policies to
users, enforcing those policies whenever and wherever a network is
accessed; -- Follow-Me Applications: Remote access solutions and cellular network
integration ensure uninterrupted access to applications as users move; -- Follow-Me Management: Multi-vendor network management provides a
single point of control while managing both legacy and new wireless
networks from both Aruba and its competitors.
The cost, convenience, and security benefits of our unified mobility solutions are fundamentally changing how and where we work. Listed on the NASDAQ and Russell 2000 Index, Aruba is based in Sunnyvale, California, and has operations throughout the Americas, Europe, Middle East, and Asia Pacific regions. To learn more, visit Aruba at www.arubanetworks.com. |
| FreshMoney - California Mergers/Acquisitions/Funding |
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| Thursday, May 15, 2008 |
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OAKLAND, CA--- Ask.com to Acquire Lexico, Owner of Dictionary.com, Thesaurus.com, and Reference.com Posted 9:08 AM PST
NEWARK, CA--- Novasys Medical Secures $49.5 Million in Series D Financing to Expand Commercialization of Its Renessa Treatment Posted 9:06 AM PST
LA JOLLA--- Transdel Pharmaceuticals Closes $4 Million Financing Posted 8:57 AM PST
SAN FRANCISCO--- CBS Corporation To Acquire CNET Networks, Inc. Posted 8:55 AM PST
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| Wednesday, May 14, 2008 |
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SUNNYVALE--- Synplicity Announces Shareholder Approval of Agreement of Merger With Synopsys, Inc. Posted 5:29 PM PST
SANTA ANA--- TTM Technologies, Inc. Closes $155 Million Convertible Senior Notes Offering Posted 5:19 PM PST
SANTA CLARA--- Silicon Valley Bank Provides $9.5 Million in Debt Financing to InnerWireless Posted 9:39 AM PST
FREMONT--- Tricom to Acquire Godrej Global Solutions Posted 9:38 AM PST
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| Tuesday, May 13, 2008 |
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SUNNYVALE--- Expresso Fitness Secures Additional $12 Million Investment Posted 9:56 AM PST
REDWOOD SHORES--- Oracle Buys AdminServer Posted 9:55 AM PST
PALO ALTO--- HP to Acquire EDS for $13.9 Billion Posted 9:23 AM PST
SAN DIEGO--- Tech Coast Angels Completes Funding of Convertible Note for BrightQube Online Digital Media Marketplace Posted 8:53 AM PST
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| Monday, May 12, 2008 |
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MENLO PARK--- Lightspeed Venture Partners Closes $800 Million Fund VIII Posted 6:32 AM PST
BERKELEY--- Earthmine Names Paul Smith as Chief Strategy Officer Posted 6:30 AM PST
MILPITAS--- FireEye Secures $14.5 Million in Series C Funding to Combat Growing Botnet Problem Posted 6:28 AM PST
ALAMEDA--- Bayly Communications Inc. Acquires Coastcom Posted 6:27 AM PST
SCOTTS VALLEY--- Multigig Secures $12.5M in Series B Funding Posted 6:25 AM PST
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| Saturday, May 10, 2008 |
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SAN MATEO--- Biz360 Secures $10 Million in Funding to Expand Product Line and Boost Marketing & Sales Personnel Posted 8:09 AM PST
MOUNTAIN VIEW--- REGiMMUNE Raises $8,000,000 in Series B Financing Posted 8:07 AM PST
DUBLIN, CA--- Taleo to Acquire Vurv Posted 8:05 AM PST
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| Friday, May 9, 2008 |
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SAN DIEGO--- NuVasive Signs Definitive Agreement to Acquire Osteocel Biologics Business from Osiris Therapeutics Posted 6:24 AM PST
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| Thursday, May 8, 2008 |
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CARLSBAD--- Angel Acquisition Corp Closes Sale of the BlackHawk Fund Posted 8:34 AM PST
SAN FRANCISCO--- SlideShare Attracts $3 Million in Series A Funding Posted 8:30 AM PST
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| Wednesday, May 7, 2008 |
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SAN RAFAEL--- Autodesk Acquires Assets of REALVIZ, Developer of Image-Based Content Creation Software Posted 6:50 AM PST
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| Tuesday, May 6, 2008 |
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LOS ANGELES--- Thought Convergence Acquires Name Intelligence Posted 9:34 AM PST
VISTA--- Auspex Pharmaceuticals Announces Series B Financing; Appointment of Ajit Gill as President and Chief Executive Officer Posted 9:24 AM PST
PALO ALTO--- Hercules Technology Provides $25 Million of Senior Debt to InfoLogix, Inc., a Leading Enterprise Mobility Solutions Provider Posted 9:22 AM PST
SAN DIEGO--- Apoptos Inc. Raises $28 Million in Series A Financing Posted 8:54 AM PST
HOLLYWOOD--- Buzznet Acquires Alternative Music Community Absolute Punk Posted 8:45 AM PST
FOSTER CITY--- Rearden Commerce Secures $100 Million Round of New Funding; Investors include JPMorgan Chase, American Express, Oak Investment Partners and Foundation Capital Posted 8:44 AM PST
MOUNTAIN VIEW--- Synopsys Invests In Prover Technology Posted 8:43 AM PST
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| Monday, May 5, 2008 |
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HUNTINGTON BEACH--- Select Group of Emerging Medtech Companies Seek $192.4M in New Financing Posted 4:27 PM PST
CUPERTINO--- Iamba Networks Secures $7 Million in Venture Capital Funding Posted 4:23 PM PST
FREMONT--- SYNNEX Corporation Announces Proposed Offering of $100 Million Convertible Senior Notes Posted 4:21 PM PST
SAN DIEGO--- InfoSonics Secures New Credit Facility of $45 Million Posted 6:34 AM PST
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| Friday, May 2, 2008 |
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SAN FRANCISCO--- World Golf Tour Secures Panorama Capital as Lead Investor in Series B Funding Posted 2:23 PM PST
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