| PALO ALTO, Calif., Sept. 29, 2003 – ProCurve Networking led the Ethernet switch market in terms of growth in the second quarter of calendar year 2003, according to the latest report released by Gartner Inc.(1) Research results from the analyst firm’s recent report examining the worldwide layer 2 through layer 7 Ethernet switch market revealed that during the period ProCurve’s revenue share grew 18 percent with port shipments growing 12 percent. This revenue growth is significant in a market that essentially remained flat quarter-over-quarter. Gartner also reported substantial ProCurve growth in the layer 3 fixed switch market, with revenue growing 46 percent and port shipments increasing 65 percent.
“The recognition of our growth leadership in both revenue and port shipments represents an important validation of our business,” said John McHugh, vice president and general manager, ProCurve Networking Business. “Our enterprise customers continue to recognize ProCurve’s Adaptive EDGE Architecture as the smart economic choice for extending intelligence to the edge of the network.”
ProCurve led the industry in total layer 3 growth with an increase of 48 percent in switch port shipments and 32 percent in revenue growth. ProCurve total layer 3 market share increased from 9 percent in the first quarter of 2003 to 12 percent in the second quarter. To help customers get the best return on their information technology investments, HP offers the ProCurve family of products, services and solutions -- including Ethernet switches, routing switches and network-management applications -- which allows customers to build networks based on open standards that meet current and future needs for security, performance and reliability. |
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