Aerohive Selects SYNNEX Corporation as Exclusive United States and Canadian Distributor of its Cloud Networking and Enterprise Wi-Fi Portfolio

Greenville, SC — February 17, 2016 —  SYNNEX Corporation (NYSE: SNX), a leading Technology Solutions distributor, and Aerohive Networks® (NYSE: HIVE), a leader in cloud networking and enterprise Wi-Fi, today announced that the companies have joined forces to deliver next-generation wireless networking solutions to the United States and Canadian IT channels. The agreement includes the Aerohive Networks complete portfolio of access points, routers, switches, and networking management tools, including its HiveManager® NG, the leading cloud-enabled network management solution for the enterprise.

By collaborating with Aerohive Networks, SYNNEX is able to help its resellers address the multitude of connected devices that are currently active on the network, as well as the influx of new devices constantly being added to it. According to Gartner, there will be more than 25 billion internet connected “things” by 2020, making the design, deployment and support of wireless networks increasingly complex. In response to the exponential proliferation of devices, Aerohive Networks delivers a simple, secure and scalable cloud networking platform designed to enhance the user and management experience, turning the challenges of today’s highly mobile world into opportunities.

“Our agreement with Aerohive Networks delivers a highly efficient option for resellers to offer to their end-customers to help keep their businesses connected in dynamic environments,” said Reyna Thompson, Vice President, Integrated Communications, SYNNEX Corporation. “Through a connected platform equipped with the best in cloud networking, Wi-Fi, and applications and insights, Aerohive Networks’ solutions allow businesses to increase productivity and efficiency to result in better customer experiences and ultimately, to fuel business growth.”

“Aerohive has been a channel-driven company since it was founded in 2006 and channel partnerships have been critical to our growth over the years,” said Michael O’Brien, Vice President, Global Channels, Aerohive Networks. “We are excited to collaborate with SYNNEX in this critical segment of the IT market. By working together with SYNNEX, we believe we will deliver even better support to resellers to help them grow with Aerohive.”

The Aerohive Networks agreement falls under SYNNEX’ CONVERGESolv Secure Networking group, which offers a comprehensive portfolio of products and services that allow resellers to deliver a true IT convergence model by building their customers' networks, adding applications to each network and securing each network seamlessly. SYNNEX offers Aerohive resellers tools to help them work faster, smarter and more accurately. While SYNNEX offers a wide array of tools for resellers, some of its most utilized tools are its financing programs, education experts, SMB specialists and free predictive wireless surveys. The agreement benefits a range of technology verticals, with strong implications for K-12 education. With E-Rate funding at record levels and device proliferation now above 50 percent, Aerohive Networks enables SYNNEX resellers to offer a wider range of wireless solutions to meet the needs of their K-12 customers.

To learn more about Aerohive Networks through SYNNEX Corporation’s CONVERGESolv Secure Networking Group in the US, call 855-217-6639, email Aerohive@synnex.com or visit http://synnexcorp.com/us/aerohive. In Canada, resellers can call 800-268-1220 or email UCCanada@Synnex.com.

About SYNNEX Corporation

SYNNEX Corporation (NYSE:SNX), a Fortune 500 corporation, is a leading business process services company, optimizing supply chains and providing outsourced services focused on customer relationship management. SYNNEX distributes a broad range of information technology systems and products, and also provides systems design and integration solutions. Concentrix, a wholly-owned subsidiary of SYNNEX Corporation, offers a portfolio of strategic solutions and end-to-end business services around customer engagement strategy, process optimization, technology innovation, front and back-office automation and business transformation to clients in ten identified industry verticals. Founded in 1980, SYNNEX Corporation operates in 26 countries around the world. Additional information about SYNNEX may be found online at www.synnex.com.

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 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.

Safe Harbor Statement

Statements in this release that are forward-looking, such as the number of internet connected things by 2020, the success of the collaboration, and the features and capabilities of products, platforms and solutions, involve known and unknown risks and uncertainties, which may cause the companies’ respective actual results in future periods to be materially different from any future performance that may be suggested in this release. The companies assume no obligation to update any forward-looking statements contained in this release.

Copyright 2016 SYNNEX Corporation. All rights reserved. SYNNEX, the SYNNEX Logo, CONCENTRIX, CONVERGESOLV and all other SYNNEX company, product and services names and slogans are trademarks or registered trademarks of SYNNEX Corporation. SYNNEX, the SYNNEX Logo, CONCENTRIX and CONVERGESOLV Reg. U.S. Pat. & Tm. Off. Other names and marks are the property of their respective owners.

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"Aerohive" and "HiveManager" are registered trademarks of Aerohive Networks, Inc. All product and company names are the property of their respective owners. All rights reserved.