Azalea Networks Signs Definitive Agreement To Be Acquired By Aruba Networks
5/11/2010
Milpitas, California – May 10, 2010 –
Azalea Networks, a leader in the outdoor mesh networks for video surveillance and industrial enterprise, is pleased to announce that it has signed a definitive agreement to be purchased by Aruba Networks, one of the world's largest manufacturers of enterprise wireless LANs.
The terms of transaction have been approved by Aruba and Azalea boards of directors.
Headquartered in California’s Silicon Valley, Aruba’s is one of the world’s two largest suppliers of enterprise wireless LANs. They have a long record of sales growth, expanding their market share in a highly competitive industry, and expanding their user base which now exceeds 10,000 customers. The acquisition will enable Aruba to deliver seamless end-to-end mobility solutions spanning the entire enterprise – from indoor carpeted spaces to the most remote outdoor industrial applications.
“Aruba was attracted to Azalea because its best-in-class mesh technology complements Aruba’s Wi-Fi solutions for the carpeted and uncarpeted enterprise. Aruba also highly values Azalea’s seasoned team with its deep technical, sales, and marketing experience, and intends to both retain and expand our North American and International operations including the Beijing operations center,” said Dominic Orr, Aruba’s President and CEO.
“Azalea’s extensive wireless mesh product line and innovative technology together with Aruba’s breadth and scale in distributed enterprise Wi-Fi networking solution will expand the worldwide footprint of
Azalea's mesh solutions as a result of Aruba's financial, sales, engineering, and support resources
,” said Felix Zhao, Azalea’s Co-CEO
managing the North America and International Operations. “This acquisition will be a win-win situation for both our valued customers and for Azalea Networks.”
Azalea’s mesh technology can carry latency-sensitive voice and video over long distances, and in harsh environments, without compromising performance, fidelity, or security.
Video surveillance is one of the primary applications for Azalea’s mesh technology, and large campuses, sports facilities, power generation plants, container and logistics yards, and defense installations are all excellent prospects for such surveillance systems. Azalea’s mesh technology has also been demonstrated to reliably deliver video streams in vehicles traveling up to 100kph (60 miles per hour), making it suitable for mass transit monitoring and first responder applications.
The acquisition is expected to close within approximately 90 days.
Until the acquisition closes at the end of this summer, Aruba and Azalea will operate as independent entities. Prior to completion of the acquisition, Azalea will continue with business as usual, and all products and support will be provided by Azalea. After the acquisition has been completed, all of our customers will become Aruba customers, and Aruba’s award-winning Customer Advocacy team will take responsibility for customer support.
About Aruba Networks, Inc.
Aruba is the global leader in distributed enterprise networks. Its award-winning portfolio of campus, branch/teleworker, and mobile solutions simplify operations and secure access to all corporate applications and services - regardless of the user's device, location, or network. This dramatically improves productivity and lowers capital and operational costs.
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
http://www.arubanetworks.com
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About Azalea Networks
Azalea Networks, headquartered in Silicon Valley, California,
www.azaleanet.com
, is the first company to deliver a truly scalable and intelligent wireless broadband mesh infrastructure through the combination of Layer-3 wireless routing technology and a multi-radio system. Azalea’s family of mesh and point-to-multipoint routers works with 2.4 GHz for Wi-Fi access, 5 GHz for backhaul connectivity, and 4.9 GHz for public safety use in North America. Azalea’s solution is ideal for service providers, government agencies, and industrial enterprises that need the superior performance, scalable capacity, quality of service, seamless mobility and other advantages made possible by true, intelligent network routing.
All product and company names mentioned herein may be the trademarks of their respective owners. Azalea Networks and the Azalea Networks logo are trademarks of Azalea Networks in the U.S. and various countries. ©2010 Azalea Networks, Inc. All rights reserved.
Contact: Tony Kong, Senior Director, Worldwide Channel Marketing, Azalea Networks, 408-582-1307, tony.kong@azaleanet.com
.