infoblox inc (BLOX) Key Developments
Infoblox Enhances Network Control and Automated Provisioning of Network Resources for Private Clouds Running on VMware
Aug 18 14
Infoblox Inc. announced that it has enhanced the Infoblox IPAM Plug-in for VMware vCenter(TM) Orchestrator(TM), VMware vCloud Director(R), VMware vCloud(R) Automation Center for Desktop and VMware vCloud(R) Automation Center(TM) for Server, adding powerful new capabilities for DNS, DHCP, and IP address management (DDI) for private cloud networks. The Infoblox IPAM plug-in for VMware, introduced in June 2013, eliminates the need to manually set up network services for VMware environments. By automatically provisioning and de-provisioning IP addresses and DNS records for virtual machines as they are created, moved, and removed, the plug-in can dramatically reduce the time required to bring up services and can increase network agility while lowering operating costs. New features in the Infoblox IPAM plug-in for VMware include: Full support for managing IP address and DNS records across overlapping and non-overlapping networks in multi-tenant environments--the most requested feature of VMware enterprise customers. This allows networks to be brought together, such as during mergers or acquisitions, without requiring complex reconfiguration of IP addresses. Ability to assign IP addresses and DNS records to virtual machines based on network metadata such as country, state, building, etc., by using Infoblox Extensible Attributes. This automates the previously time-consuming and error-prone process of assigning appropriate IP address to new virtual machines. Simplified VMware vCloud Automation Center network provisioning by eliminating the need to manually create network profiles in vCloud Automation Center. All IP and DNS configurations are tracked and managed directly within Infoblox.
Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in Infoblox, Inc. to Contact the Firm
Jul 4 14
Faruqi & Faruqi, LLP reminds investors in Infoblox Inc. of the July 29, 2014 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against Infoblox and certain executives. A complaint has been filed in the Northern District of California on behalf of all persons who purchased Infoblox securities between September 5, 2013 and May 29, 2014, inclusive. The complaint alleges that the company and its executives violated federal securities laws with respect to its disclosures concerning its business, operations, and prospects. Specifically, the action alleges that throughout the Class Period, the company and its executives violated federal securities laws by failing to disclose that: (i) the company employed heavy discounting to retain market share; and (ii) Infoblox was not closing on larger deals that had contributed significantly to its revenue growth.
Pomerantz LLP Files a Class Action Against Infoblox, Inc
Jul 3 14
Pomerantz LLP has filed a class action lawsuit against Infoblox Inc. and certain of its officers. The class action, filed in United States District Court, Northern District of California, and docketed under 5:14-cv-02644, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired securities of Infoblox between September 6, 2013 and February 10, 2014, both dates inclusive. This class action seeks to recover damages against the Company and certain of its officers and directors as a result of alleged violations of the federal securities laws pursuant to Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated there under. The complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding the company's business and operations. Specifically, defendants made numerous statements regarding Infoblox's financial strength that were false and misleading in light of Defendants' concealment of the fats that: the company's Federal business prospects were weak and would continue to be weak for the foreseeable future; the company had been implementing enormous discounting in order to maintain market share; and the company was failing to close on big-ticket deals that had previously driven its revenue growth.
Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Infoblox Inc
Jun 17 14
Law Offices of Howard G. Smith announced that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all purchasers of the securities of Infoblox Inc. between September 5, 2013 and May 29, 2014, inclusive (class period). The company provides enterprise and service provider-class solutions to automate management of network infrastructure services. The Complaint alleges that defendants misrepresented and/or failed to disclose material adverse facts about the company's business, operations and prospects, including that the company was discounting heavily to attract business, and the company's revenue projections were overstated. As a result, defendants' positive statements throughout the Class Period about the company's business, operations and prospects were false and misleading and/or lacked a reasonable basis.
Infoblox Inc. Appoints Philip Fasano to its Board of Directors
Jun 3 14
Infoblox Inc. announced the appointment of Philip Fasano, executive vice president and chief information officer of leading health-care provider and not-for-profit health plan Kaiser Permanente, to its Board of Directors, effective immediately. Fasano joined Kaiser Permanente in 2007.