Arista Acquires Mojo Networks

“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.”

https://www.arista.com/en/company/news/press-release/5717-pr-20180802

About Mojo Networks

Mojo Networks simplifies cloud managed WiFi services

Massively scalable self-driving WiFi: built on open hardware, powered by the cloud

Overview: We are revolutionizing WiFi through the power of the cloud and open standards. We liberate networks from proprietary hardware and utilize the full power of the cloud to deliver cognitive WiFi: a self-driving network that makes things remarkably simple and reliable at massive scale. Mojo Network’s innovations empower IT with better user experiences, more options, and more velocity, all at much lower costs.

What Does Mojo Deliver?
COGNITIVE WiFi

Cognitive WiFi harnesses the power of cloud, big data analytics, automation, and self-awareness to deliver a pristine experience to your WiFi users – all the time, in every location, regardless of what devices and applications they’re using. Cognitive WiFi visualizes the quality of experience for every one of your users and automates root cause analysis if network problems do occur. It helps you resolve problems rapidly instead of turning them into a wild goose chase. It even proactively fixes WiFi issues before they occur, but if a user does call the helpdesk with a “WiFi problem,” it tells you exactly whats going on – even if it has nothing to do with WiFi. The network becomes the IT assistant and the focus becomes “mean time to resolution” rather than “mean time to innocence.”
ABSOLUTE CLOUD

We have designed and built the world’s first cloud managed WiFi solution specifically for large enterprise networks. Mojo’s cloud architecture can replace your antiquated controllers and simplify the migration of your infrastructure to the cloud. No more on-premise proprietary controllers. No manual software upgrades to each individual controller. Directly manage networks from anywhere, on any device, anytime with much faster and more seamless response to needs for expansion, new services, and security threats. Automate provisioning of new devices, push configuration changes, upgrade S/W, process KPIs and monitor real-time alerts across thousands of sites through Mojo APIs. Our cloud-based system embodies flexibility because it can be deployed in a public or private cloud and the network never goes down if connectivity to the cloud is lost. Simplicity, scalability, extensibility, reliability, performance, security and all the benefits of the cloud. No trade-offs, no compromises.
OPEN STANDARDS DEVOTION

Open Standards is a guiding principle for everything we do. Customers want more speed and less complexity. Proprietary hardware forces vendor lock-in, reduces customer choice, slows innovation, and inflates costs. Open standards foster increased competition and innovation, which directly lead to vendor products that are better targeted at customer needs. At Mojo, we have already eliminated the proprietary control and management hardware from the WiFi equation and we are hell-bent to solve the other half of the equation: access points. Customers want a world where they can buy the best access point for their application…from anywhere…and manage it the way they want to…all at costs that are fair. Customers are craving an open standard where access points all interoperate like light bulbs. The vendors that sell proprietary access points will come up with a million excuses as to why this is a bad idea. And they are just that, excuses. There is no valid technical reason why access points can’t be made to interoperate and we are driving to make this a reality.
The Future Of Cloud WiFi - Simplified Connectivity - Mojo Networks

Arista Networks Literally Gets Its Mojo Back

Find out how a key acquisition plays into the cloud networking companys plans.

Dan Caplinger (TMFGalagan)
Aug 2, 2018 at 9:00PM

If you believe in open-source cloud networking, then Arista Networks (NYSE:ANET) is the obvious choice to provide you with the tools and services to gain access to the cloud. With hundreds of companies scurrying to keep up with their competitors by taking advantage of the latest technological innovations, Arista has plenty of opportunities to win business, but it also faces competition from companies that want to defend their own proprietary solutions. Consolidation in the cloud industry has also started to increase, and smart acquisitions can open doors to further growth.

Coming into Thursday's second-quarter financial report, Arista shareholders wanted the company to keep grabbing up sales in a high-demand environment. Arista's numbers were stronger than most had expected, and the company's announced acquisition of Mojo Networks could add further to its growth trajectory in the months and years ahead.
The latest from Arista

Arista Networks' second-quarter results looked solid. Revenue jumped 28% to $519.8 million, which was slightly better than the consensus forecast for a 26% growth rate. Adjusted net income was up by nearly half to $155.7 million, and that produced adjusted earnings of $1.93 per share, topping what those following the stock had expected to see by $0.23 per share.

Arista got growth from both of its key divisions. On the services side, revenue was higher by 46%, as Arista did a good job of providing clients with the expertise and assistance they need to implement product-based solutions. Yet product revenue growth was also substantial, weighing in at 26% and providing the lion's share of top-line gains for Arista.

Of equal importance was the cost discipline that Arista has embraced recently. Research and development costs were substantially higher, but declines in overhead expenses helped restrain overall operating expense growth to just 18%, and that resulted in a 3-percentage-point boost to operating margin levels.

CEO Jayshree Ullal was quite happy with how the company did. "Arista is one of the fastest networking companies to achieve a $2 billion annual revenue rate," Ullal said, "driven by its industry leadership in software-defined networking." She noted the company's record profitability for the quarter as well as her view that top-line growth is sustainable.

The next stage for Arista Networks
In addition to its quarterly results, Arista said that it would acquire Mojo Networks. Mojo is a cloud-managed wireless networking specialist, having invented what's known as Cognitive Wi-Fi. Ullal believes that the move is a milestone for Arista, representing its first acquisition and having considerable significance to the overall vision of a "cognitive campus" for the company. Arista has also won recognition for its accomplishments, with Ullal named one of the world's best growth leader CEOs.

From a product standpoint, Arista keeps releasing new features that can enhance the value of its platforms. During the quarter, Arista introduced cognitive cloud networking to unleash the true power of the Internet of Things, and its multi-function platform for cloud networking takes advantage of new switch chip technology to make systems more flexible and handle a greater array of applications.

Arista's guidance for the coming quarter was consistent with its recent growth trajectory. The networking company sees revenue of $540 million to $552 million for the period, with gross margin coming in between 63% and 65% and operating margin in a range of 32% to 34%. Those numbers would be solid compared to previous quarters, adding another expectation that Arista will maintain its ability to keep innovating.

Arista Networks Literally Gets Its Mojo Back -- The Motley Fool