Computer Peripherals M&A » By The Online Investor Staff, updated Tue., May. 24, 8:37 AM
Recent mergers and acquisitions in the Computer Peripherals M&A category.
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Slide #11. Extreme Networks — Enterasys Networks
Acquirer:
Extreme Networks (NASDAQ:EXTR)
Acquiree:
Enterasys Networks
Details:
Extreme Networks, Inc. (NASDAQ: EXTR) today announced that it has completed the acquisition of Enterasys Networks. The combined company immediately becomes a networking industry leader with more than 12,000 customers. Extreme Networks will set the standard for the networking industry with a strategic focus on three principles:
Extreme Networks is a provider of cloud-driven networking solutions and services and support. Co. designs, develops, and manufactures wired and wireless network infrastructure equipment as well as a cloud networking platform and applications portfolio using cloud management, machine learning, and artificial intelligence to deliver network policy, analytics, security, and access controls. Co.'s product categories include: cloud networking platform; automation, analytics, and security applications; wireless local area networks access points; wired for edge, campus, and data center; cloud native platforms and applications for service providers; and customer service and support.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 19th percentile
(ranked lower than approx. 81% of all stocks covered)
Analysts' Target Price: EXTR Stock Forecast Based on Zacks ABR data; powered by Xignite |
