Aerohive Networks Positioned as a Visionary in the 2015 Gartner Magic Quadrant for the Wired and Wireless LAN Access Infrastructure

Sunnyvale, Calif. — September 14, 2015 — Aerohive Networks ® (NYSE: HIVE) today announced it has been positioned by Gartner, Inc. in the “Visionaries” quadrant of The 2015 Magic Quadrant for the Wired and Wireless LAN Access Infrastructure.[1] Vendors were evaluated based on their ability to execute and completeness of vision.

News Facts

  • According to the report, “A vendor in the Visionaries quadrant demonstrates an ability to increase features in its offering to provide a unique and differentiated approach to the market. Visionaries will have innovated in one or more of the key areas of access layer technologies within the enterprise. The ability to apply differentiating functionality across the entire access layer will affect their position.”
  • According to Gartner, “This market consists of vendors that supply wired and wireless local-area network hardware and software components that provide device connectivity to the enterprise infrastructure access layer.”
  • Gartner summarized, “In our research, we found that enterprises also want the choice of architecture deployment options, whether on-premises, private cloud or public cloud deployment capabilities. Additionally, controller- based or controllerless WLAN is a vendor implementation option, not an enterprise requirement, and enterprises with defined usage scenarios should look for pricing based on market-equivalent functionality that meets their usage needs.”
  • To find out more about how Aerohive’s solutions enable today’s mobile-first enterprises, visit: www.aerohive.com/solutions

Comments:

“We are honored to be recognized by Gartner as a Visionary for the fourth consecutive year,” said David Greene, chief marketing officer, Aerohive Networks. “Our customers are looking for new ways to leverage connectivity to engage their customers, building on the foundation of their wireless and wired access infrastructure. We believe that our continued focus on ease of use, cost effectiveness, and flexibility of deployment across cloud and on-premises is validated by this research.”

Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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: our ability to continue to attract, integrate, retain and train skilled personnel, 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.comand 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 over 22,000 customers worldwide, every access point is a starting point. Aerohive was founded in 2006 and is headquartered in Sunnyvale, CA. For more information, please visit www.aerohive.com, call us at 408-510-6100, follow us on Twitter @Aerohive, subscribe to our blog, join our community or become a fan on our Facebook page.

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

[1] Gartner Magic Quadrant for the Wired and Wireless LAN Access Infrastructure, Tim Zimmerman and Bill Menezes and Andrew Lerner, September 1, 2015