QUOTE AND NEWS
Jutia Group  4 hrs ago  Comment 
[PR Newswire] - SAN DIEGO and SUNNYVALE, Calif., March 2, 2015 /PRNewswire/ -- Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Aruba Networks, Inc. (NASDAQ: ARUN) by Hewlett-Packard ... Read more on...
TheStreet.com  9 hrs ago  Comment 
NEW YORK (TheStreet) -- Shares of Aruba Networks  are declining by 1.61% to $24.41 on very heavy volume in early market trading Monday, after the company agreed to a merger deal with Hewlett-Packard for $2.7 billion.  Aruba Networks, a...
New York Times  10 hrs ago  Comment 
The deal would be HP’s biggest in more than three years and the first major transaction since it announced plans to split itself in two.
Wall Street Journal  10 hrs ago  Comment 
Hewlett-Packard agreed to buy Aruba Networks for about $2.7 billion in an all-cash deal aimed at bolstering the tech company’s wireless networking operations.
Benzinga  Feb 27  Comment 
Aruba Networks, Inc. (NASDAQ: ARUN) has limited upside after a buyout rumor and second-quarter earnings beat pushed its shares up more than 30 percent, a couple of analysts said Friday. Shares of the Wi-Fi equipment company soared Wednesday on...
TheStreet.com  Feb 27  Comment 
NEW YORK (TheStreet) -- Shares of Aruba Networks were gaining 5.9% to $23.94 Friday following an analyst price target increase and a positive fiscal second quarter. In a note to investors, BMO Capital Markets raised its price target for Aruba...
Benzinga  Feb 26  Comment 
Aruba Networks, Inc. (NASDAQ: ARUN) released financial results Thursday for its second quarter of fiscal year 2015 ended January 31, 2015. Revenue came in at a record $212.9 million, above estimates of $210.22 million, and was an increase of...
Benzinga  Feb 26  Comment 
JP Morgan previewed earnings for Aruba Networks, Inc. (NASDAQ: ARUN) Wednesday and maintained a Neutral rating. The company reports fiscal Q2 results after the market close on Thursday and the Street expected revenue of $210.22 million with...
Benzinga  Feb 26  Comment 
Hewlett-Packard Company (NYSE: HPQ) is in talks to acquire Aruba Networks, Inc. (NASDAQ: ARUN), according to Bloomberg News. The news comes one day after Hewlett-Packard reported earnings that disappointed the Street, causing the stock to fall $4...




 

Aruba Networks (NASDAQ: ARUN) sells wireless access points and related products, mostly aimed at the enterprise. Their chief competitor is Cisco.

Aruba's sales pitch is that your wireless network can replace your wired network, and it will be cheaper than running cables all over the place and paying for expensive switches. (Cisco can't pursue this strategy as vigorously because they're the ones selling the switches.) This is their "network right-sizing" initiative. They also have a branch-network and remote-access product line.

Aruba bought a startup, AirWave Wireless, in spring 2008, for their wireless network management software. The AirWave software is unique in the extent to which it can manage access points from multiple vendors (including Cisco, Symbol, HP ProCurve, Meru, Trapeze, Proxim, and others). This lets Aruba sell the software, and subsequently Aruba hardware, to customers with other vendors' equipment, without replacing it all at once. A hosted service (in the cloud) offering, AirWave OnDemand, was also in beta as of March 2010.

Aruba settled a patent lawsuit with Motorola in November 2009.

Key trends include the spread of wireless devices which support the 802.11 wireless networking standard (for wireless LANs, as opposed to cellular), the adoption of the 802.11n wireless networking standard, and other future developments in networking, particularly with regards to the enterprise.



References

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