Type
|
Private |
---|---|
Industry | Computer networking |
Founded | Chicago, Illinois (1999) |
Founder | Stuart Bailey |
Headquarters | Santa Clara, California |
Key people
|
Jesper Andersen (CEO) Cricket Liu (Chief DNS Architect) |
Revenue | $360 million |
Number of employees
|
700+ (2017) |
Parent | Vista Equity Partners |
Website | infoblox.com |
Jesper Andersen (CEO)
Infoblox, formally (NYSE:BLOX), is a privately held IT automation and security company based in California's Silicon Valley. The company focuses on managing and identifying devices connected to networks—specifically for the Domain Name System (DNS), Dynamic Host Configuration Protocol, and IP address management. According to Gartner, by 2015 the Infoblox market share was 49.9 percent of the $533 million enterprise DDI market. In June 2016, IDC, a market intelligence firm, named Infoblox as the market share leader in DNS, DHCP and IP address management. No other competitor had a market share greater than 15 percent.
Infoblox was founded in 1999 in Chicago, Illinois, by Stuart Bailey who was at the University of Illinois. The company moved to Santa Clara, California, in 2003.
In 2007, Infoblox acquired French startup Ipanto, which led to the development of IPAM WinConnect appliances. In 2010, Infoblox acquired Netcordia which provided technologies for network task automation. Later in the same year, the company integrated Infoblox IP address management technology with Netcordia's network configuration and change management technologies. As virtualization and cloud computing became increasingly prevalent in data centers, automation was marketed using the term distributed virtual infrastructure. The company added DNS security products, and it also supplied hardware appliances to host its software. Infoblox joined commercial and government groups, and independent research, and made Tapestry, its open-source software, generally available.
Network management became increasingly crucial, after a sharp rise in computer crime, especially attacks that exploit DNS servers, such as DNS spoofing and distributed denial-of-service attacks. In 2012, 7.8 million new malware threats emerged. Mobile threats grew by 1,000 percent, and 865 successful breaches compromised 174 million records. DNS servers in particular are vulnerable to hacking, and often used in destructive attacks such as the Syrian Electronic Army (SEA) attack that hit The New York Times and Twitter in 2013. In December 2013, it estimated 6,000 customers, which included government organizations as well as businesses.
In February of 2016, the company acquired IID, a cyberthreat intelligence company. On September 19, 2016, Vista Equity Partners announced intent to purchase Infoblox for approximately $1.6 billion. The acquisition closed in November. In June 2017, Infoblox announced an expansion to its Tacoma, Washington, office, which focuses on cybersecurity research, threat intelligence and engineering.
Infoblox received $80 million in five rounds of financing (2000, 2001, 2003, 2004 and 2005). The company's main investor was Sequoia Capital. The company had their initial public offering on April 20, 2012. Shares were listed on the New York Stock Exchange under the symbol BLOX. The stock price advanced 40 percent in the first day of trading. After adding 250 employees that year, Infoblox moved to Santa Clara. Earnings leading up through Q4 2013 showed financial as well as physical growth. Total net revenue for the fourth quarter of fiscal 2013 was $63.1 million, an increase of 40 percent on a year-over-year basis. Total net revenue for fiscal 2013 was a record $225.0 million, an increase of 33 percent compared with the total net revenue of $169.2 million in fiscal 2012. First quarter results for 2014 fell short of expectations, causing a drop in share price.
By 2015, the Infoblox market share in DDI jumped to 49.9 percent in 2015 from 46.7 percent in 2014, and the overall DDI market grew 18.3 percent in the same period to $533 million. No other competitor had a market share greater than 15 percent.
A sample of Infoblox products, platforms and network services includes:
2016-05-26 | Reiterated Rating | Cowen and Company | Outperform | $32.00 to $28.00 |
2016-05-26 | Reiterated Rating | Piper Jaffray | Buy | $26.00 to $24.50 |
2016-05-26 | Reiterated Rating | Needham & Company LLC | Hold | |
2016-05-26 | Reiterated Rating | Piper Jaffray Cos. | Buy | $26.00 to $24.50 |
2016-05-16 | Downgrade | DA Davidson | Neutral to Underperform | $16.00 |
2016-05-12 | Reiterated Rating | JMP Securities | Buy | $20.00 |
2016-05-10 | Lower Price Target | Deutsche Bank | Sell | $13.00 to $12.00 |
2016-05-10 | Reiterated Rating | Morgan Stanley | Hold | |
2016-05-10 | Lower Price Target | Deutsche Bank AG | Sell | $13.00 to $12.00 |
2016-04-14 | Reiterated Rating | Deutsche Bank | Sell | $13.00 |
2016-02-28 | Reiterated Rating | Piper Jaffray | Overweight | $30.00 to $26.00 |
2016-02-09 | Reiterated Rating | DA Davidson | Neutral | $17.00 |
2016-02-09 | Reiterated Rating | William Blair | Outperform | |
2015-12-02 | Reiterated Rating | Guggenheim | Buy | |
2015-12-01 | Reiterated Rating | Deutsche Bank | Sell | |
2015-12-01 | Reiterated Rating | Needham & Company LLC | Hold | |
2015-12-01 | Reiterated Rating | Citigroup Inc. | Buy | |
2015-12-01 | Reiterated Rating | William Blair | Buy | |
2015-12-01 | Reiterated Rating | Piper Jaffray | Overweight | $30.00 |
2015-12-01 | Lower Price Target | Stephens | Overweight | $30.00 to $27.00 |
2015-12-01 | Reiterated Rating | Stifel Nicolaus | Buy | $23.00 |
2015-11-26 | Initiated Coverage | Stephens | Outperform | |
2015-11-26 | Initiated Coverage | Pacific Crest | Outperform | $27.00 |
2015-11-26 | Initiated Coverage | Morgan Stanley | Equal Weight | |
2015-11-26 | Initiated Coverage | Goldman Sachs | Neutral | |
2015-11-26 | Initiated Coverage | Goldman Sachs Group Inc. | Neutral | |
2015-11-24 | Downgrade | Needham & Company LLC | Buy to Hold | |
2015-11-24 | Downgrade | Deutsche Bank | Hold to Sell | $20.00 to $13.00 |
2015-10-16 | Upgrade | Sterne Agee CRT | Neutral to Buy | $16.13 to $26.00 |
2015-10-12 | Lower Price Target | DA Davidson | Neutral | $22.00 to $17.00 |
2015-09-22 | Downgrade | Deutsche Bank | Buy to Hold | $30.00 to $20.00 |
2015-09-21 | Initiated Coverage | Stifel Nicolaus | Buy | $23.00 to $23.00 |
2015-09-07 | Upgrade | William Blair | Buy | |
2015-09-06 | Reiterated Rating | Deutsche Bank | Buy | |
2015-09-05 | Reiterated Rating | JMP Securities | Outperform | $32.00 |
2015-09-05 | Reiterated Rating | Morgan Stanley | Equal Weight | $19.00 |
2015-09-04 | Lower Price Target | Needham & Company LLC | Buy | $33.00 to $27.00 |
2015-09-04 | Reiterated Rating | Cowen and Company | Neutral | $36.00 to $37.00 |
2015-09-02 | Reiterated Rating | Needham & Company LLC | Buy | $33.00 to $27.00 |
2015-09-01 | Upgrade | William Blair | Market Perform to Outperform | |
2015-08-28 | Lower Price Target | DA Davidson | Neutral | $28.00 to $22.00 |
2015-08-23 | Reiterated Rating | Deutsche Bank | Buy | $32.00 |
2015-06-05 | Reiterated Rating | Needham & Company LLC | Buy | $33.00 |
2015-06-01 | Reiterated Rating | DA Davidson | Neutral | $25.50 to $28.00 |
2015-06-01 | Reiterated Rating | Cowen and Company | Outperform | $30.00 to $36.00 |
2015-05-29 | Boost Price Target | JMP Securities | Market Outperform | $29.00 to $32.00 |
2015-05-29 | Boost Price Target | Piper Jaffray | Overweight | $28.00 to $30.00 |
2015-05-28 | Reiterated Rating | Needham & Company LLC | Buy | $27.00 |
2015-05-26 | Boost Price Target | Deutsche Bank | Buy | $28.00 to $30.00 |
2015-04-02 | Reiterated Rating | Deutsche Bank | Buy | $26.00 to $28.00 |
2015-03-26 | Initiated Coverage | Guggenheim | Buy | |
2015-02-27 | Set Price Target | Needham & Company LLC | Buy | $27.00 |
2015-02-27 | Boost Price Target | Deutsche Bank | Buy | $23.00 to $26.00 |
2015-02-27 | Boost Price Target | Piper Jaffray | Overweight | $23.00 to $28.00 |
2015-02-27 | Boost Price Target | Pacific Crest | Outperform | $25.00 to $28.00 |
2015-02-27 | Boost Price Target | JMP Securities | Outperform | $23.00 to $29.00 |
2015-02-27 | Upgrade | Citigroup Inc. | Neutral to Buy | $17.00 to $32.00 |
2015-02-19 | Reiterated Rating | Deutsche Bank | Buy | $23.00 |
2015-01-16 | Boost Price Target | DA Davidson | Neutral | $17.00 to $21.00 |
2015-01-06 | Set Price Target | Needham & Company LLC | Buy | $24.00 |
2015-01-06 | Upgrade | Deutsche Bank | Hold to Buy | $17.00 to $23.00 |
2014-12-18 | Upgrade | Pacific Crest | Sector Perform to Outperform | $25.00 |
2014-12-15 | Boost Price Target | Piper Jaffray | Top Pick | $23.00 |
2014-11-26 | Reiterated Rating | Deutsche Bank | Hold | $16.00 to $17.00 |
2014-11-26 | Upgrade | Stephens | Equal Weight to Overweight | $18.00 to $21.00 |
2014-11-24 | Upgrade | Needham & Company LLC | Hold to Buy | $21.00 |
2014-11-20 | Reiterated Rating | Citigroup Inc. | Hold | $14.00 to $16.00 |
2014-11-17 | Boost Price Target | DA Davidson | Neutral | $14.50 to $17.00 |
2014-09-05 | Boost Price Target | Citigroup Inc. | $14.00 | |
2014-09-05 | Boost Price Target | Goldman Sachs | $15.00 to $16.00 | |
2014-09-05 | Boost Price Target | Deutsche Bank | $15.00 to $16.00 | |
2014-08-27 | Lower Price Target | DA Davidson | Neutral | $14.00 |
2014-08-19 | Reiterated Rating | Citigroup Inc. | Neutral | $15.00 to $13.00 |
2014-07-21 | Reiterated Rating | Deutsche Bank | Hold | $18.00 to $15.00 |
2014-05-30 | Lower Price Target | DA Davidson | Neutral | $21.00 to $14.50 |
2014-05-30 | Reiterated Rating | Sterne Agee CRT | Neutral | $20.00 to $15.00 |
2014-05-30 | Lower Price Target | Wedbush | Neutral | $25.00 to $18.00 |
2014-05-30 | Reiterated Rating | Piper Jaffray | Overweight | $30.00 to $20.00 |
2014-05-30 | Reiterated Rating | Citigroup Inc. | Neutral | $25.00 to $15.00 |
2014-05-30 | Reiterated Rating | JMP Securities | Market Outperform | $28.00 to $18.00 |
2014-05-30 | Downgrade | Stephens | Overweight to Equal Weight | |
2014-05-30 | Downgrade | Pacific Crest | Outperform to Sector Perform | |
2014-05-30 | Downgrade | William Blair | Outperform to Market Perform | |
2014-05-30 | Downgrade | Goldman Sachs | Buy to Neutral | $31.00 to $15.00 |
2014-05-30 | Downgrade | Deutsche Bank | Buy to Hold | $30.00 to $18.00 |
2014-05-16 | Lower Price Target | DA Davidson | Neutral | $24.00 to $21.00 |
2014-04-22 | Reiterated Rating | Deutsche Bank | Buy | $30.00 |
2014-03-17 | Boost Price Target | Deutsche Bank | Buy | $26.00 to $30.00 |
2014-03-14 | Initiated Coverage | DA Davidson | Neutral | $24.00 |
2014-03-13 | Initiated Coverage | DA Davidson | Neutral | $24.00 |
2014-03-12 | Boost Price Target | Goldman Sachs | Buy | $27.00 to $31.00 |
2014-03-10 | Initiated Coverage | Piper Jaffray | Overweight | |
2014-02-27 | Boost Price Target | Deutsche Bank | $25.00 to $26.00 | |
2014-02-25 | Initiated | Deutsche Bank | Buy | $25 |
2014-02-24 | Initiated Coverage | Deutsche Bank | Buy | $25.00 |
2014-02-20 | Upgrade | Goldman Sachs | Neutral to Buy | $19.19 to $27.00 |
2014-02-11 | Downgrade | Wedbush | Outperform to Neutral | $36.00 to $25.00 |
2014-02-11 | Downgrade | Sterne Agee CRT | Buy to Neutral | $47.00 to $20.00 |
2014-02-11 | Downgrade | Needham & Company LLC | Buy to Hold | $49.00 |
2013-12-10 | Initiated Coverage | Citigroup Inc. | Neutral | $32.00 |
2013-11-29 | Lower Price Target | Cowen and Company | $45.00 to $43.00 | |
2013-11-27 | Lower Price Target | Wedbush | Outperform | $44.00 to $41.00 |
2013-11-25 | Reiterated | Needham | Buy | $47 to $49 |
2013-11-25 | Boost Price Target | Needham & Company LLC | Buy | $47.00 to $49.00 |
2013-10-11 | Boost Price Target | Pacific Crest | Outperform | $40.00 to $52.00 |
2013-10-10 | Upgrade | Sterne Agee CRT | Neutral to Buy | $47.00 |
2013-09-06 | Reiterated | UBS | Buy | $35 to $42 |
2013-09-06 | Reiterated | Pacific Crest | Outperform | $30 to $40 |
2013-07-12 | Initiated | Sterne Agee | Neutral | |
2013-05-17 | Initiated | Needham | Buy | $26 |
2013-03-12 | Initiated | William Blair | Outperform | |
2012-11-29 | Reiterated | UBS | Buy | $24 to $25 |
2012-09-07 | Reiterated | Deutsche Bank | Buy | $21 to $24 |
2016-05-26 | Reiterated Rating | Cowen and Company | Outperform | $32.00 to $28.00 |
2016-05-26 | Reiterated Rating | Piper Jaffray | Buy | $26.00 to $24.50 |
2016-05-26 | Reiterated Rating | Needham & Company LLC | Hold | |
2016-05-26 | Reiterated Rating | Piper Jaffray Cos. | Buy | $26.00 to $24.50 |
2016-05-16 | Downgrade | DA Davidson | Neutral to Underperform | $16.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In BLOX 4 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
RUSSELL FRANK CO/ | 0.25M |
GRUBER & MCBAINE CAPITAL MANAGEMENT LLC | 100000 |
Dynamic Technology Lab Pte Ltd | 30139 |
Nair Vinay | 12159 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
THOMAS ROBERT D President and CEO | 1.61% (876711) | BLOX / |
CANESSA REMO Chief Financial Officer | 0.55% (297948) | BLOX / HIVE / |
ANDERSEN JESPER President and CEO | 0.52% (285001) | BLOX / |
Freitag Thorsten EVP, Worldwide Field Ops | 0.39% (213715) | BLOX / |
Moorjani Janesh EVP & CFO | 0.28% (150000) | BLOX / |
Parekh Sohail M. Exec VP, Engineering | 0.22% (121759) | BLOX / MOBL / |
Fulton Scott EVP, Product Strategy | 0.22% (117481) | BLOX / |
Garg Atul R. EVP, Engineering | 0.18% (100000) | BLOX / |
Andrews Christopher J. EVP, Worldwide Field Ops | 0.17% (94963) | BLOX / |
Gupta Ashish EVP & Chief Marketing Officer | 0.16% (85000) | BLOX / |
Overbeek Edzard | 0.05% (29000) | BLOX / |
Nye Wendell Stephen Exec VP, Product Strategy | 0.05% (28795) | BLOX / |
GEE DAVID NICHOLAS Executive VP, Marketing | 0.05% (27641) | BLOX / |
GOGUEN MICHAEL L | 0.04% (23472) | BLOX / |
Gerson Fred | 0.04% (22500) | BLOX / |
BELLUZZO RICHARD | 0.04% (22500) | BLOX / JDSU / PMCS / QTM / |
Conigliaro Laura | 0.04% (22500) | BLOX / |
Phelps Daniel J | 0.03% (16500) | BLOX / |
FASANO PHILIP | 0.02% (11000) | AIG / BLOX / |