This Slide: #11 of 29 |
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 networking solutions and services and support. Co. designs, develops, and manufactures wired, wireless, and software-defined wide area-network infrastructure Co.'s products and services include: Cloud Networking Platform, in which Co.'s cloud platform and cloud management application, ExtremeCloud IQ, is an wired and wireless cloud network management solution that provides visibility and control over users, devices, and applications; and Automation, Analytics, and Security Applications, in which Co.'s ExtremeCloud IQ – Site Engine provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management.
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Hold (2.14 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: EXTR Stock Forecast Based on Zacks ABR data; powered by Xignite |