Boston, MA 05/28/2013 (wallstreetpr) – In Friday’s trading session, Infoblox Inc (NYSE:BLOX) rose by 14.50%. It opened at $25.96 per share, which was the intraday high and dropped down to close at $24.50 per share. More than 3.98 million shares were traded in Friday’s trading session. This number stood above the average volume of 0.578 million that was measured over a 30-day period.
Infoblox Inc (NYSE:BLOX) is an automated-network controller. Its network functions include address management, Internet protocol (IP). It also includes device configuration, network discovery, compliance, security, policy implementation and monitoring. Infoblox Inc (NYSE:BLOX)’s appliance-based solution uses real-time IP address management. This is used in combination with the automation of network change, key network control and configuration management processes. It is used in the manufacture of purpose-built, virtual as well as physical appliances.
This is based on the company’s software. The software automates vital network functions and is scalable. The functions that it automates are IP address management, compliance, device configuration. It also offers functions such as policy implementation, network discovery, monitoring and security. It offers two different families of products: Trinzic Enterprise and the Trinzic NetMRI family.
The Trinzic Enterprise product family allows real-time IP address management. In addition to this, it automates key network-control processes. The Trinzic NetMRI family of products automates any network change and configures management processes. Infoblox Inc (NYSE:BLOX) competes with companies such as EMC Corporation, Alcatel-Lucent, BMC Software, Inc., Hewlett-Packard Company and International Business Machines Corporation, BlueCat Networks Inc and BT Group plc amongst others.
