Ruckus Wireless Inc

Intelligent Edge, Hewlett Packard Enterprise’s (HPE) smallest segment, accounted for over 8% of HPE’s total revenue in fiscal 1Q18.

According to market research firm IDC, the overall consumer and enterprise wireless local area network (WLAN) fell 0.1% YoY (year-over-year) in 4Q16.

In IP Networking, Brocade competes with network infrastructure giants Cisco Systems (CSCO), Hewlett Packard Enterprise (HPE), and China’s (FXI) Huawei.

In fiscal 4Q16, revenues from Brocade Communications’ IP Networking business rose 51% YoY and included $96 million from the acquisition of Ruckus Wireless.

Cisco’s (CSCO) wireless business’s revenues fell 2% YoY (year-over-year) in fiscal 1Q17.

At the end of 2Q16, Cisco’s (CSCO) WLAN revenue rose 1.1% YoY. Its market share was 43.7% compared to 45.2% in 1Q16 and 47.3% in 2Q15.

According to IDC, the total WLAN market rose 6.7% YoY and 6.7% sequentially in 2Q16. The Enterprise WLAN market rose 9.4% YoY in 2Q16.

Hewlett-Packard’s networking revenue fell 22% YoY and was up 12% on a constant currency basis, driven by the Aruba acquisition. Growth was reported across all geographic regions.

In the IP Networking business, Brocade Communications’s (BRCD) Ethernet switch sales fell by 10% year-over-year, driven by lower sales to the US government.

Cisco System’s (CSCO) wireless business saw revenues rise 5% YoY in fiscal 4Q16. Revenues rose from $717 million in fiscal 4Q15 to $750 million in fiscal 3Q16.

Cisco’s (CSCO) wireless business saw revenues rise 1% YoY (year-over-year) in fiscal 3Q16.

Telefonica was downgraded by Nomura, Japan’s leading investment bank, to “reduce” from “neutral.” Its shares fell 8.5% in the trailing five-day period.

Brocade’s (BRCD) acquisition of Ruckus (RKUS) will strengthen its ability to pursue opportunities in the emerging markets (EEM) such as India (INDA) and China (FXI).

On April 4, 2016, Brocade (BRCD) announced that it entered into a definitive agreement to acquire Ruckus Wireless (RKUS) in a cash and stock transaction.

Aruba Networks acquisition boosts networking revenues Previously in this series, we discussed the performance of The Hewlett-Packard Company’s (HPQ) Enterprise Group in 3Q15. We also discussed the various factors and individual sub-segment contributions that helped this segment post a positive growth in 3Q15. So far, we have covered the servers and storage sub-segment performances in 3Q15. […]

Cisco credits Meraki for the acceleration in revenue growth for Cisco’s commercial segment. Cisco’s year-over-year revenue growth for this segment rose to 11% in 4Q15.

The HP–Aruba deal is likely to initiate intense competition between HP and Cisco, given Aruba’s position next to Cisco’s in the wireless networking space.

Cisco’s YoY revenue grew by 10% in fiscal 3Q15. The growth is primarily driven by its acquisition of Meraki for $1.2 billion in November 2012.

Chuck Robbins was involved in Cisco’s acquisition of Sourcefire. Cisco acquired the company in July 2013 for $2.7 billion to strengthen its position in the network security market.

Aruba is fast becoming a major player in this market, which is likely why HP would have been interested in buying the company.

Cisco’s wireless business achieved revenue growth of 18% in the last quarter. Cisco credited this growth to Meraki. Cisco acquired Meraki in November 2012.