Showing posts with label Infoblox. Show all posts
Showing posts with label Infoblox. Show all posts

Thursday, November 7, 2019

Infoblox acquires SnapRoute for Cloud-Native Network Services

Infoblox has acquired SnapRoute, a start-up offering a Cloud-Native Network Operating System (CN-NOS). Financial terms were not disclosed.

Infoblox’s BloxOne platform is built around cloud-native architectural principles, enabling the delivery of cloud-managed secure network services at scale. With SnapRoute’s cloud-native OS, Infoblox will now be able to accelerate the development and delivery of additional network services on its platform.

“We recognize that the future is in the cloud, and to meet customer demands for flexibility, scalability, adaptability, enhanced security and speed, it will become increasingly important for network and security services to be cloud-native,” said Jesper Andersen, President and CEO of Infoblox. “We are thrilled to welcome the SnapRoute team as we work together to leverage their innovative technology and IP to rapidly expand the services we offer on our BloxOne™ platform.”

“Building from a cloud-native foundation is essential to providing the scalable and flexible services that businesses demand today,” said Dom Wilde, CEO of SnapRoute. “Infoblox is the only company that has invested in building a truly cloud-native platform for networking and security services complementary to what we built at SnapRoute, and we couldn’t be more pleased to join the Infoblox team to help expand their services and capabilities.”

Monday, September 19, 2016

Vista Equity Partners to Privatize Infoblox

Vista Equity Partners plans to buy out Infoblox in a deal valued at $1.6 billion, or $26.50 per share of common stock in cash, which represents a 33% premium to Infoblox’s average closing share price over the last 60 trading days, and a 73% premium to Infoblox’s unaffected closing price as of May 11, 2016, when media reports of interest in acquiring Infoblox were first published.

“Vista has an excellent track record of supporting and adding value to technology companies, and we are thrilled to bring on a partner of their caliber and strategic expertise,” said Jesper Andersen, President and CEO of Infoblox. “This transaction will provide immediate and substantial value to Infoblox stockholders, while also giving Infoblox greater flexibility to execute on our long-term strategy to drive increased DDI automation and DNS security into the enterprise market. We are excited to begin our partnership with Vista and look forward to leveraging their operational insights as we continue to deliver the industry-leading products, solutions and customer service on which our customers rely.”

Monday, February 8, 2016

Infoblox Acquires IID for Cyber Threat Intelligence

Infoblox has acquired IID, a leader in global cyber threat intelligence, for $45 million in cash.

IID, based in Tacoma, Washington, collects threat data from thousands of trusted sources including law-enforcement agencies, Internet infrastructure providers, and open-source providers. IID’s threat research team verifies, enhances, and aggregates this data to create clear, high-quality machine-readable threat intelligence (MRTI) that is compatible with automation standards such as STIX and TAXII. This consolidated threat intelligence is distributed to more than 100 customers, among them dozens of Fortune 500 companies and U.S. government agencies, including Microsoft and the U.S. Department of the Treasury.

Infoblox specializes in managing DNS, DHCP, and IP addresses—the category known as DDI. Because these services are uniquely at the center of every network, Infoblox is well positioned to spot suspicious activity, instantly block outbound communications to malicious destinations, and prevent exfiltration of intellectual property, customer information, and other sensitive data. Infoblox said the addition of IID’s ActiveTrust federated threat intelligence and big-data analytics platform enables its customers to get true context-aware security—harnessing real-world data from an organization’s IT infrastructure to improve the accuracy and relevance of security decisions.

“By bringing together the deep and very rich threat intelligence from IID with the context and the central control point that Infoblox has in the network through our DDI services, we can deliver a unique value proposition to our customers and the partners that resell our products,” said Jesper Andersen, president and chief executive officer of Infoblox. “Infoblox and IID are also both committed to the emerging standards for automated sharing of threat intelligence information that will help extend our ecosystem.”

Last year, Infoblox and IID partnered in creation of the Infoblox DNS Threat Index, a quarterly report tracking the growth of malicious domains created by cybercriminals.

Sunday, June 1, 2014

Infoblox Posts Revenue of $61M, CEO to Step Down

Infoblox reported revenue of $61 million for its third fiscal quarter ended April 30, 2014.  Net revenue was up 5% on a year-over-year basis but on the low-end of company guidance. There was a GAAP net loss of $7.4 million, or $0.14 loss per fully diluted share, for the third quarter of fiscal 2014, compared with a net loss of $0.3 million, or $0.01 loss per fully diluted share, for the third quarter of fiscal 2013.

“Revenue for the third quarter was $61 million, which was at the low-end of our guidance range of $61 million to $62 million,” said Robert Thomas, president and chief executive officer. “While we made progress in a few areas of the company, we again experienced challenges in closing seven-figure transactions. Clearly, our top priority is to reaccelerate top-line growth and we are taking actions to improve sales execution. Importantly, we believe our competitive position continues to be strong and our addressable market is growing, and we are optimistic about the opportunities before us.”

In addition, Infoblox announced that Robert Thomas has decided to step down as the company’s president and CEO pending the appointment of a successor. Thomas joined Infoblox in September 2004 as director, president and chief executive officer.

“We have accomplished a tremendous amount over the past ten years, and I am very proud of our entire team,” said Robert Thomas, president and chief executive officer. “Today, we have strong customer relationships, leading technologies and deep management talent. I am confident the board will select a world-class leader to continue to grow the company, and build on the strong base we have in place today. I remain fully committed to leading Infoblox and ensuring the succession process is seamless.”