Arista Acquires Mojo Networks
Extends campus to cognitive WiFi networking
SANTA CLARA, Calif.,-- August 2, 2018 -- Arista Networks (NYSE:ANET), an industry leader in software driven cloud networking solutions for large datacenter and computing environments, today announced that it will acquire Mojo Networks, inventor of Cognitive WiFiTM and a leader in cloud-managed wireless networking. Arista’s first acquisition is expected to close during its third quarter, subject to satisfaction of customary closing conditions.
Earlier this year, Arista announced cognitive cloud networking, designed to address transitional changes as enterprises move to IoT (Internet of things) ready campuses. Designed to bring operational consistency and modern cloud principles to the enterprise campus, Arista extends this architecture with the addition of Mojo Networks by providing secure, high performance cognitive WiFi at cloud scale.
“Mojo’s WiFi is disrupting the traditional closed wireless controller model, to bring radical improvements in scale and economics,” said John McCool, Chief Platform Officer and Senior Vice President of Engineering and Operations for Arista Networks. “The synergy between our two companies is a compelling combination for enterprise and campus customers.”
“We look forward to working with the Arista team to deliver secure, scalable modern WiFi for next generation campus networking,” said Rick Wilmer, CEO of Mojo Networks. “Our recent positioning as a Visionary in the Gartner 2018 Magic Quadrant for the Wired and Wireless LAN Access validates the remarkable technology we’ve developed.”
About Mojo Networks, Inc.
At Mojo, we’re shaking up the Enterprise WiFi industry. We know that customers are ready for a modern WiFi network that doesn’t rely on outdated controllers and proprietary hardware. Our cloud-managed WiFi solution is based on a radical vision for creating networks that reach new heights in performance, security, scalability, and ease-of-use. Mojo delivers brilliant WiFi to many of the world’s top brands and highest levels of government. Learn more about our vision and products at www.mojonetworks.com.
Mojo and Mojo Networks are registered trademarks of Mojo Networks, Inc. All third-party trademarks mentioned are the property of their respective owners.
About Arista Networks
Arista Networks pioneered software-driven, cognitive cloud networking for large-scale datacenter and campus environments. Arista's award-winning platforms redefine and deliver availability, agility, automation, analytics and security. Arista has shipped more than fifteen million cloud networking ports worldwide with CloudVision and EOS, an advanced network operating system. Committed to open standards across private, public and hybrid cloud solutions, Arista products are supported worldwide directly and through partners.
ARISTA, EOS, and CloudVision are among the registered and unregistered trademarks of Arista Networks, Inc. in jurisdictions around the world. Other company names or product names may be trademarks of their respective owners. Additional information and resources can be found at www.arista.com. This press release contains forward-looking statements including, but not limited to, statements regarding the benefits in the implementation of Arista's EOS and the enablement of cost savings, performance, security and efficiency. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements including: our limited operating history and experience with developing and releasing new products including WiFi products; the Company’s dispute with Cisco Systems, Inc., the benefits resulting from the acquisition of Mojo Networks and impact on the WiFi market; product, support or service quality problems; rapidly evolving changes in technology, customer requirements and industry standards as well as other risks stated in our filings with the SEC available on Arista's website at www.arista.com and the SEC's website at www.sec.gov. Arista disclaims any obligation to publicly update or revise any forward-looking statement to reflect events that occur or circumstances that exist after the date on which they were made.
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