|[February 13, 2014]
Aerohive Networks Files Registration Statement for Proposed Initial Public Offering
SUNNYVALE, Calif. --(Business Wire)--
Aerohive (News - Alert) Networks, a leader in controller-less Wi-Fi and cloud-managed
mobile networking for the enterprise market, today announced that it has
publicly filed a registration statement on Form S-1 with the U.S.
Securities and Exchange Commission relating to the proposed initial
public offering of shares of its common stock. The number of shares to
be offered and the price range for the proposed offering have not yet
Goldman, Sachs & Co. and BofA Merrill Lynch are acting as joint
book-running managers for the proposed offering, and Piper Jaffray &
Co., William Blair & Company, L.L.C., and JMP Securities (News - Alert) LLC are acting
as co-managers for the proposed offering.
A registration statement relating to these securities has been filed
with the U.S. Securities and Exchange Commission but has not yet become
effective. These securities may not be sold, nor may offers to buy be
accepted, prior to the time the registration statement becomes
effective. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy, nor shall there be any sale of
these securities in any state in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
"Aerohive" is a registered trademark of Aerohive Networks (News - Alert), Inc. All
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