Aruba Networks (NASDAQ:ARUN) is a wireless communications company that is one of the larger providers of networking solutions for the mobile enterprise. With the rapid increase in Wi-Fi enabled devices such as smartphones and tablets, Aruba has seen impressive growth in recent years. As the number of Wi-Fi enabled devices continues to grow, enterprise are being forced to upgrade their network infrastructure, and Aruba and its competitors have benefited greatly from the secular trend. Looking at the top line, revenues increased from $178m in 2008 to over $516m in full year 2012 - an impressive CAGR of more than 30%. From the market lows in early 2009 to mid 2011, the stock saw an epic run as it...
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