M&A Deal Summary

Aerohive Networks Acquires Pareto Networks

On January 19, 2011, Aerohive Networks acquired internet software and services company Pareto Networks

Acquisition Highlights
  • This is Aerohive Networks’ 1st transaction in the Internet Software and Services sector.
  • This is Aerohive Networks’ 1st transaction in the United States.
  • This is Aerohive Networks’ 1st transaction in California.

M&A Deal Summary

Date 2011-01-19
Target Pareto Networks
Sector Internet Software and Services
Buyer(s) Aerohive Networks
Deal Type Add-on Acquisition

Target

Pareto Networks

Sunnyvale, California, United States
Pareto Networks, Inc. is a provider of cloud-based networking solutions.

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Buyer(S) 1

Buyer

Aerohive Networks

Milpitas, California, United States

Category Company
Founded 2006
Sector Technology Hardware
Employees460
Revenue 155M USD (2018)
DESCRIPTION

Aerohive Networks, Inc. is a manufacturer of cooperative control wireless LAN products. Aerohive Cloud-Managed Wireless, Switching, Routing, and Security technologies provide unrivalled flexibility in deployment, management, and licensing. Credited with pioneering Controller-less Wi-Fi and Cloud Management, Aerohive delivers continuous innovation at Cloud-speed that constantly challenges the industry norm, allowing customers to rethink what's possible. Aerohive Networks, Inc. was formed in 2006 and is headquartered in Milpitas, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1