Arista Networks Literally Gets Its Mojo Back
If you believe in #opensource #cloud #networking, then @Arista Networks (NYSE:ANET) is the obvious choice to provide you with the tools and services to gain access to the cloud. With hundreds of companies scurrying to keep up with their competitors by taking advantage of the latest technological innovations, Arista has plenty of opportunities to win business, but it also faces competition from companies that want to defend their own proprietary solutions. Consolidation in the cloud industry has also started to increase, and smart acquisitions can open doors to further growth.
Coming into Thursday’s second-quarter financial report, Arista shareholders wanted the company to keep grabbing up sales in a high-demand environment. Arista’s numbers were stronger than most had expected, and the company’s announced acquisition of Mojo Networks could add further to its growth trajectory in the months and years ahead.