HIVE on NYSE

Aerohive Networks

Manufacturer of networking equipment

Aerohive Networks, Inc. was an American multinational computer networking equipment company headquartered in Milpitas, California, with 17 additional offices worldwide. The company was founded in 2006 and provided wireless networking to medium-sized and larger businesses. In 2012, Aerohive was listed on The Wall Street Journal's list of "Top 50 Start-Ups.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

2006Founded1

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  • TickerHIVE on NYSE1
  • Industryinformation technology1
  • HeadquartersSunnyvale1
  • Websitewww.aerohive.com
  • Legal formpublic company1

Aerohive Networks, Inc. was an American multinational computer networking equipment company headquartered in Milpitas, California, with 17 additional offices worldwide. The company was founded in 2006 and provided wireless networking to medium-sized and larger businesses.3

Corporate structure

Aerohive Networks is part of a group headed by Extreme Networks. 34 entities, 25 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Extreme Networks Wilmington, Delaware, United States
    • Aerohive Networks Sunnyvale
    • Enterasys Networks, Inc. Subsidiary · Delaware, United States
    • Extreme Federal Inc. Subsidiary · Delaware, United States
    • Extreme Networks (Hangzhou) Ltd. Subsidiary · China
    • Extreme Networks APAC Sdn Bhd Subsidiary · Malaysia
    • Extreme Networks Arabia LLC Subsidiary · Saudi Arabia
    • Extreme Networks Australia PTY, Ltd. Subsidiary · Australia
    • Extreme Networks Belgium SARL Subsidiary · Belgium
    • Extreme Networks Bilisim Teknolojileri Hizmetleri Limited Sirketi Subsidiary · Turkey
    • Extreme Networks Canada Inc. Subsidiary · Canada
    • Extreme Networks Chile, Ltda. Subsidiary · Chile
    • Extreme Networks China Ltd. Subsidiary · Hong Kong
    • Extreme Networks Colombia Technology SAS Subsidiary · Colombia
    • Extreme Networks Do Brazil, Ltda Subsidiary · Brazil
    • Extreme Networks EMEA Ltd. Subsidiary · Cayman Islands
    • Extreme Networks France SAS Subsidiary · France
    • Extreme Networks Hong Kong Ltd. Subsidiary · Hong Kong
    • Extreme Networks IHC, Inc. Subsidiary · Delaware, United States
    • EXTREME NETWORKS INDIA PRIVATE LIMITED Subsidiary · Chennai, India
    • Extreme Networks International Ltd. Subsidiary · Cayman Islands
    • Extreme Networks Ireland Holding UC Subsidiary · Ireland
    • Extreme Networks Ireland Ops UC Subsidiary · Ireland
    • Extreme Networks Ireland UC Subsidiary · Ireland
    • Extreme Networks Korea Ltd. Subsidiary · South Korea
    • Extreme Networks Mexico, SA de CV Subsidiary · Mexico
    • and 8 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC. Each entity in the chart links to its source.

What it owns

What Aerohive Networks reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$19.9M5 Dec 31, 2018$17.6M5 Dec 31, 2017+13.2%
Accumulated depreciation$14.0M5 Dec 31, 2018$11.2M5 Dec 31, 2017+24.5%
Property and equipment, net$5.9M5 Dec 31, 2018$6.4M5 Dec 31, 2017−6.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$26.0M5 Dec 31, 2018$27.2M5 Dec 31, 2017−4.4%
Marketable securities, current$66.1M5 Dec 31, 2018$57.7M5 Dec 31, 2017+14.5%
Debt securities available for sale$66.1M5 Dec 31, 2018$57.7M5 Dec 31, 2017+14.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$513.0K5 Dec 31, 2018$513.0K5 Dec 31, 20170%

Inventory

ItemLatestA year beforeChange
Inventory, total$16.1M5 Dec 31, 2018$13.5M5 Dec 31, 2017+19.4%

The story

Aerohive was founded in 2006 by Changming Liu. That same year, the company raised $4 million in series A round funding. In July 2007, the company raised an additional $20 million in series B round funding led by Kleiner Perkins Caufield & Byers. Aerohive completed a series C round of funding, raising $23.5 million to expand its sales and marketing strategy in March 2010. In 2011, the company acquired Pareto Networks, a cloud-based routing service, the acquisition allowed Aerohive to integrate Pareto's cloud management technology into its existing offerings. In September 2012, Aerohive raised $22.5 million in a series E round of funding and announced its plans to undergo an IPO the following year. The company raised an additional $10 million in funding as it prepared to go public, in 2013. On March 28, 2014, the company was listed on the New York Stock Exchange under the HIVE symbol. Aerohive joined Barack Obama's ConnectED initiative in October 2014, when it partnered with Apple Inc. and provided wireless connectivity to the schools receiving Apple products.

Aerohive announced that its devices would operate more seamlessly with Barracuda Networks security products in May 2015. In September 2015, the company announced a technology alliance with Juniper Networks. In January 2016, the company released HiveSchool, a learning application for K-12 classrooms that runs on any network with any computer running the Google Chrome web browser. The company announced that it had entered a distribution agreement with Synnex Corporation in February 2016. The agreement named Synnex as the exclusive distributor of Aerohive products in Canada. In April 2016, Aerohive announced a strategic partnership with the technology company Dell.

In September 2016, the company released SD-LAN, a software-defined network that functions on local area networks. And then in August 2018, the company shipped the first family of enterprise-class 802.11ax access points (Wi-Fi 6), along with the first enterprise-class pluggable wireless access point (ATOM AP630).

On June 26, 2019 Extreme Networks was reported to take over Aerohive Networks. The acquisition was completed on August 9, 2019, at an aggregate purchase price of approximately $272 million. Accounting for Aerohive's net cash balance of $62 million at the end of its fiscal first quarter, the deal is equivalent to an enterprise value of $210 million.

From Wikipedia’s article on Aerohive Networks, shared under CC BY-SA 4.0.4

Leadership

Who has led Aerohive Networks, and when. Pick a name to see everywhere that person has worked.

Chief operating officer

  1. John Ritchie2017–2019
2010201520202025
Board members and other officers (17)

Timeline

  1. 2006Founded Founded1

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.02) a share, on Nov 14, 2025.26

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Invesco Ltd.17,041,234$62.0M0.0%+3,698,723
Citadel Advisors LLC10,065,372$36.6M0.0%+6,915,035
Millennium Management LLC9,887,326$36.0M0.0%+2,599,269
Situational Awareness LP9,133,726$33.2M0.2%+5,742,179
Geode Capital Management, LLC1,065,270$17.4M0.0%−451,242
Vident Advisory, LLC4,371,080$15.9M0.1%+153,950
Charles Schwab Investment Management Inc4,275,363$15.6M0.0%−975,594
Mizuho Markets Americas LLC3,337,857$12.1M0.2%New
Bank Of Montreal /can/3,320,580$12.1M0.0%+3,304,495
Tidal Investments LLC3,278,659$11.9M0.0%−1,295,485
Citigroup Inc3,153,784$11.5M0.0%+3,133,789
State Street Corp2,687,656$9.8M0.0%+93,649
UBS Group AG2,510,882$9.1M0.0%+1,990,464
Nomura Holdings Inc1,765,910$6.4M0.0%New
Renaissance Technologies LLC1,709,900$6.2M0.0%−553,393
Bridgeway Capital Management, LLC1,695,628$6.2M0.1%+77,632
Morgan Stanley1,569,727$5.7M0.0%−2,217,402
Susquehanna International Group, Llp1,545,045$5.6M0.0%+444,553
BIT Capital GmbH1,412,567$5.1M0.2%New
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1,124,918$4.1M0.0%−974,912
Empowered Funds, LLC1,095,628$4.0M0.0%+77,632
Generali Investments CEE, investicni spolecnost, a.s.1,086,980$4.0M0.2%No change
Acasta Partners UK LLP1,000,000$3.6M11.3%New
Two Sigma Investments, LP958,628$3.5M0.0%−5,132,179
Point72 Asset Management, L.P.946,862$3.4M0.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Aerohive Networks is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAEROHIVE NETWORKS, INC2
  • CIK0001372414
  • Employer ID (EIN)20-45247002
  • Filer statusAccelerated filer<br>smaller reporting company<br>emerging growth company2
  • Incorporated inCalifornia2
  • Fiscal year endsDecember 312
  • Industry code (SIC)7373 Services-Computer Integrated Systems Design2
  • Business address1011 Mccarthy Boulevard, Milpitas, CA 950352
  • Phone408-510-61002
  • Shares outstanding57,424,646 as of Jul 26, 201927
  • Public float$155.8M as of Jun 30, 20185
  • On EDGAR sinceAug 9, 20062
  • Filings486 in all: 4 (249), 8-K (54), 3 (34), 10-Q (17), SC 13G/A (17), SC TO-C (15), SC 13G (10), SC 13D/A (9)2
    All 38 form types

    S-8 (7), S-8 POS (7), 10-K (5), DEF 14A (5), DEFA14A (5), CORRESP (4), D (4), SC 13D (4), SC 14D9/A (4), SC14D9C (4), SD (4), UPLOAD (4), SC TO-T/A (3), 3/A (2), DRS/A (2), REGDEX (2), S-1/A (2), 15-12B (1), 25-NSE (1), 4/A (1), 424B4 (1), 8-A12B (1), 8-K/A (1), ARS (1), CERTNYS (1), DRS (1), EFFECT (1), S-1 (1), SC 14D9 (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 1, 2019
    Quarterly report (10-Q) Jul 30, 2019
    Proxy statement (DEF 14A) Apr 9, 2019
    Latest 8-K (8-K) Aug 9, 2019