SANTA CLARA, Calif.,
Aug. 17, 2017 /PRNewswire/
-- Gigamon Inc. (NYSE: GIMO), the industry leader in traffic
visibility solutions, today announced that it has been named to
Forbes Fast Tech 25 list in 2017. Firms featured on the
Fast Tech 25 have demonstrated strong sales growth over the
past three years and will lead their industry in projected earnings
growth for the next three to five years, according to Forbes.
"We're honored to be recognized by Forbes and rank in the top
ten of this year's Fast Tech 25," said Paul Hooper, CEO of Gigamon. "We credit our
inclusion to our innovative technology, our leadership of the
visibility market that we created, and our dedicated employees.
Visibility is a fundamental requirement to deploy a meaningful
security architecture to provide enterprises the insight they need
to best protect their critical data assets. The loyalty and trust
of our customers and partners around the world have resulted in the
recognition by Forbes."
The Company's 2016 financial highlights include revenue of
$310.9 million, a 40 percent increase
over the prior year, and compound annual growth rate of 30 percent
over the previous three years.
In determining the Fast Tech 25 list, Forbes considers
approximately 5,000 publicly traded companies in the tech sector,
looking for profitable firms with a minimum revenue of $150 million and a minimum market value of
$500 million. Forbes identifies tech
companies with sales growth of at least 10% for each of the past
three fiscal years and over the last 12 months, and ranks firms in
descending order based on their three-year-average sales
growth.
Joining Gigamon on Forbes Fast Tech 25 for 2017 are
companies including Facebook (#2), Salesforce (#13), Amazon.com
(#19) and Alphabet (#25). The complete Fast Tech 25 list is
here.
Gigamon Overview
The Gigamon® Visibility Platform enables a modern, secure
infrastructure that delivers pervasive visibility into all the
data-in-motion across an enterprise network – physical, virtual,
private, hybrid and public cloud environments. With an extensive
and growing network and security partner ecosystem, Gigamon offers
the simplicity, breadth, and depth needed to support the network
optimization and security needs of organizations of all types and
sizes.
About Gigamon
Gigamon (NYSE: GIMO) provides active visibility into physical
and virtual network traffic, enabling stronger security and
superior performance. Gigamon Visibility Platform and
GigaSECURE®, the industry's first Security Delivery
Platform, deliver advanced intelligence so that security, network,
and application performance management solutions in enterprise,
government, and service provider networks operate more efficiently
and effectively. Learn more at www.gigamon.com,
the Gigamon blog or follow Gigamon
on Twitter, LinkedIn or Facebook. See What
Matters®
Legal Notice Regarding Forward Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Forward-looking
statements generally relate to future events or our future
financial or operating performance. In some cases, you can identify
forward-looking statements because they contain words such as
"may," "will," "should," "expects," "plans," "anticipates,"
"could," "intends," "target," "projects," "contemplates,"
"believes," "estimates," "predicts," "potential" or "continue" or
the negative of these words or other similar terms or expressions
that concern our expectations, strategy, plans or intentions.
Forward-looking statements in this press release include, but are
not limited to, the goals and expectations regarding future
performance and projected growth for Gigamon products and the
network security market. Our expectations and beliefs regarding
these matters may not materialize, and actual results in future
periods are subject to risks and uncertainties that could cause
actual results to differ materially from those projected. These
risks include our ability to continue to deliver and improve our
products and general market, political, economic and business
conditions. The forward-looking statements contained in this press
release are also subject to other risks and uncertainties,
including those more fully described in our filings with the
Securities and Exchange Commission, including our Annual Report on
Form 10-K for the period ended December 31,
2016 and most recent Quarterly Report on Form 10-Q. The
forward-looking statements in this press release are based on
information available to Gigamon as of the date hereof, and Gigamon
disclaims any obligation to update any forward-looking statements,
except as required by law.
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SOURCE Gigamon