It delivered a positive earnings surprise of 39.9%, on average, in the trailing four quarters. Do Not Sell My Personal Information (CA Residents Only). A Greylock Partners portfolio company, PolyServe was acquired by HP in 2007. Explore services for security resilience and effective incident response. Moreover, continued spending on IT infrastructure products (server, enterprise storage and Ethernet switches) for deployment in cloud environments is likely to benefit the company. Before he co-founded Awake Security, Michael Callahan was CTO and Co-founder of PolyServe, which built mission-critical shared-data storage clustering software for Linux and Windows. Enter up to 25 symbols separated by spaces. Arista Networks (NYSE:ANET), a leader in cognitive cloud networking, today announced that it has entered into a definitive agreement to acquire Awake Security, … See who we’ve been working with. What do I need to know? In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. The faster you can hunt down and prioritize threats, the faster you can respond to your organization’s most urgent security challenges. Founded in 2014, Awake Security is a network detection and response platform provider that combines AI with human expertise to identify and respond to insider and external threats. The robust product portfolio is aiding the company to win customers on a regular basis.Despite diligent operational strategies, shares of Arista have lost 14.2% compared with the industry’s decline of 4.2% in the past year. In addition to high capacity and easy availability, its cloud networking solutions promise predictable performance along with programmability that enables integration with third-party applications for network management, automation and orchestration. Sep 28, 2020 9:13AM EDT (RTTNews) - Arista Networks (ANET) has agreed to acquire Awake Security, a Network Detection and Response platform provider. Before that, Rahul was EVP of products at Bromium, a leading endpoint virtualization-based security start-up. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In addition to distinct synergies in technology and market opportunity, the deal is based on commonalities in values, culture and philosophies, and is likely to deliver secure cloud networking experience for clients.The acquisition is not likely to have any material impact on Arista’s fiscal 2020 operating results. The transaction is expected to be completed by the fourth quarter of fiscal 2020, subject to mandatory closing conditions and regulatory approvals.Arista continues to benefit from the expanding cloud networking market, owing to strong demand for scalable infrastructure. First, you'll need to meet at least one of the following eligibility requirements for participating in an IPO: )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field5.add(Validate.Presence, {failureMessage:"This field is required"});field5.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i