Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Internet Initiative Japan Inc.
  6. News
  7. Summary
    3774   JP3152820001

INTERNET INITIATIVE JAPAN INC.

(3774)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Internet Initiative Japan : IIJ and Hitachi Metals to Expand Partnership in the SDN Solutions Market for Enterprise Networks

01/11/2016 | 11:37pm EDT

January 12, 2016

TOKYO-January 12, 2016-Internet Initiative Japan Inc. (IIJ, NASDAQ: IIJI, TSE: 3774) and Hitachi Metals, Ltd. (Hitachi Metals, TSE: 5486) today agreed to further their technological partnership, entering the area of enterprise networking solutions that utilize Software Defined Networking (SDN)(*1)technologies.

The two companies will develop solutions that combine SDN controllers developed by IIJ with Hitachi Metals' Ethernet switch products and will open up new areas of the market by re-selling one another's products and services.

Major initiatives

The two companies will combine their technological expertise to deliver efficient enterprise networks that employ SDN technologies.

  • IIJ and Hitachi Metals will conduct technical demonstrations for the eventual commercialization of new solutions, including a test of interconnecting IIJ's SDN controller 'OmniWarp' with Hitachi Metals's APRESIA series of switch products.
  • The two companies will develop networking solutions that combine 'IIJ Omnibus Service'-IIJ's cloud networking service using SDN and NFV technologies-with the APRESIA series.
  • IIJ and Hitachi Metals will re-sell one another's products and services and propose SDN solutions that combine both companies' products.

Background

IIJ and Hitachi Metals (formerly Hitachi Cable, Ltd.) began joint technical consultations concerning wide-area networks that employ SDN (SDN-WAN) in 2013. The two companies are now expanding their area of joint consultations to the domain of enterprise LANs. They are redoubling their cooperation in the development of new SDN solutions that employ each other's products and technological expertise. IIJ and Hitachi Metals will work together to meet their customers' needs for enterprises network virtualization.

They plan to announce details concerning their current endeavors at SDN Japan show, which will be held from January 14 and 15, 2016, at Ochanomizu Sola City Hall.

Case consultation

Links

  • (*) All company names and service names used in this press release are the trademarks or registered trademarks of their respective companies. 'APRESIA' is a registered trademark of Hitachi Metals. 'Ethernet' is a registered trademark of Fuji Xerox Co., Ltd.
  • (*1) Software defined networking (SDN): A next-generation network concept in which the entire network is controlled (defined) by software in order to dynamically configure the network.

About IIJ

Founded in 1992, Internet Initiative Japan Inc. (IIJ, NASDAQ: IIJI, Tokyo Stock Exchange TSE1: 3774) is one of Japan's leading Internet-access and comprehensive network solutions providers. IIJ and its group companies provide total network solutions that mainly cater to high-end corporate customers. IIJ's services include high-quality systems integration, cloud computing/data center services, security services, MVNO/MVNE services, and Internet access. Moreover, IIJ has built one of the largest Internet backbone networks in Japan that is connected the United States, the United Kingdom and Asia. IIJ was listed on NASDAQ in 1999 and on the First Section of the Tokyo Stock Exchange in 2006.

About Hitachi Metals, Ltd.

Hitachi Metals, Ltd., (TSE: 5486), headquartered in Tokyo, Japan, with approximately 30,278 employees worldwide and consolidated revenue totaled over 1,004 billion yen in fiscal 2014 (ended March 31, 2015), is one of the major members of the Hitachi Group of companies. The company manufactures and markets a diverse portfolio of high-grade metal products and materials, magnetic materials and applications, high-grade functional components and equipment, wires, cables, and related products.

The statements within this release contain forward-looking statements about our future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results. Readers are referred to the documents furnished by Internet Initiative Japan Inc. with the SEC, specifically the most recent reports on Forms 20-F and 6-K, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.

For inquiries, contact

IIJ Corporate Communications

IIJ - Internet Initiative Japan Inc. issued this content on 2016-01-12 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-12 04:36:06 UTC

Original Document: http://www.iij.ad.jp/en/news/pressrelease/2016/0112.html


© Publicnow 2016
All news about INTERNET INITIATIVE JAPAN INC.
09/29INTERNET INITIATIVE JAPAN INC. : Ex-dividend day for interim dividend
FA
09/20INTERNET INITIATIVE JAPAN INC.(TSE : 3774) added to FTSE All-World Index
CI
08/25IIJ Launches New Managed ZTNA Secure Access Service "Safous"
CI
08/10INTERNET INITIATIVE : Fiscal Q1 Earnings Snapshot
AQ
08/09INTERNET INITIATIVE JAPAN : Consolidated Financial Results for 1Q21 (April 1, 2021 to June..
PU
08/09Internet Initiative Japan Inc. Provides Earnings Guidance for the Interim Period Ending..
CI
08/09Internet Initiative Japan Inc. Provides Dividend Guidance for the Second Quarter and Fu..
CI
08/09Internet Initiative Japan Inc. Reports Earnings Results for the First Quarter Ended Jun..
CI
06/29Internet Initiative Japan to Implement Share Compensation Plan for Eligible Employees; ..
MT
06/29INTERNET INITIATIVE JAPAN : Notice regarding Issuance of Stock-Compensation-Type Stock Opt..
PU
More news
Financials
Sales 2022 226 B 1 991 M 1 991 M
Net income 2022 13 394 M 118 M 118 M
Net cash 2022 23 731 M 209 M 209 M
P/E ratio 2022 27,2x
Yield 2022 1,06%
Capitalization 364 B 3 201 M 3 207 M
EV / Sales 2022 1,51x
EV / Sales 2023 1,27x
Nbr of Employees 4 069
Free-Float 57,4%
Chart INTERNET INITIATIVE JAPAN INC.
Duration : Period :
Internet Initiative Japan Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INTERNET INITIATIVE JAPAN INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 8
Last Close Price 4 030,00 JPY
Average target price 4 371,25 JPY
Spread / Average Target 8,47%
EPS Revisions
Managers and Directors
Koichi Suzuki Chairman & Co-Chief Executive Officer
Eijiro Katsu President, Co-CEO, COO & Representative Director
Akihisa Watai Chief Financial Officer, MD & GM-Finance
Junichi Shimagami Managing Director, CTO & Manager-Technology Unit
Naoshi Yoneyama MD, Chief Information Officer & GM-Planning