Feeds

Bechtolsheim's baby Arista Networks soars in stock market debut

Networking firm mints big bucks as Cisco execs stare in blank terror at stock screens

Business security measures using SSL

Arista Networks has gained in its stock market debut, likely causing some employees at networking giant Cisco's competitive intelligence team to put together some slides on what the implications of a wealthy, publicly-listed competitor are for networking incumbents.

Arista's stock increased 33 per cent on its debut day to $57 per share from an opening price of $43 per share, bringing in $225.8m dollars for the company.

Arista Networks makes networking equipment that is used by choosy, technically sophisticated customers such as Facebook, Equinix, Rackspace, and others.

It represents a threat to traditional network companies like Cisco, Juniper, and Brocade because it has always specialized in developing the software for its products independently of its hardware, giving its technology greater flexibility relative to rivals who are only now waking to the possibilities of, as marketers call it, software-defined networking.

When Arista told the US Securities and Exchange Commission at the end of March that it planned to IPO it revealed that it had been profitable for the past four years, which is refreshing given the profit-shy tendencies for other tech startups such as Box.

Arista Networks was founded in 2004 and shipped its first product in 2008. Its chairman is Sun Microsystems's co-founder Andy Bechtolsheim who, in his later life, has turned into a kind of human money-printing machine imparting many of the techs he touches with good fortune. Another one of his startups, DSSD, was recently acquired by storage giant EMC for an undisclosed sum. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.