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Aerohive® Achieves Record Q1 Revenue in EMEA

Aerohive
NetworksA® (NYSE: HIVE), a leader in cloud-managed networking, today
announced it has achieved record Q1 revenue across Europe, the Middle
East, and Africa (EMEA). In 2019, Aerohive experienced the best-ever Q1
revenue and brought on more than 600 new customers across all EMEA
areas. Aerohivea??s EMEA record revenue was a reflection of increased
demand for the companya??s cloud-managed networking architecture based on
Artificial Intelligence (AI) and Machine Learning (ML), along with an
increased demand for 802.11ax products, and the adoption of its new
Aerohive A3a?? cloud-managed NAC security solution.


In fact, customers in central Europe who had previously resisted
migrating to the Cloud, are now embracing it, leading to over 100
percent year-over-year growth in our cloud business in that region.


"Aerohive is 100 percent committed to the channel and remains dedicated
to our partnersa?? success,a?? said David Flynn, president and chief
executive officer, Aerohive Networks. "Our partner-centric solutions,
built on our continuous innovation around the Cloud, AI, and ML deliver
the fastest path to increasing margins and opportunities for new
services and reoccurring revenue a?? and our strategic EMEA partners
continue to prove this quarter over quarter.a??


"We focus on cloud-first solutions that secure or enable the cloud, or
are managed or delivered by the cloud, hence the name of our company,a??
said Greg Harris, co-founder and director, Cloud Distribution UK. "Our
partnership with Aerohive has helped us and our partners grow rapidly
and solve problems for our customers that were previously thought
unsolvable.a??


"Aerohive has benefited significantly in the Netherlands from several
recent first-to-market innovations, growing their market share to 10.2
percent of the Wi-Fi installed base [SmartProfile, March 2019],a??
said Berry van Waayenburg, general manager, Netherlands, Exclusive
Networks.
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