Computer Peripherals M&A » By The Online Investor Staff, updated Sat., Oct. 31, 6:42 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, together with its subsidiaries, is a provider of cloud-driven networking solutions for enterprise, data center, and service provider customers. In providing a combined end-to-end solution from the enterprise edge to the cloud, Co. designs, develops, and manufactures wired and wireless network infrastructure equipment and develops a cloud networking platform and application portfolio using cloud management, machine learning, and artificial intelligence to deliver analytics, security, and access controls. Co.'s product categories include 4th Generation Cloud Networking Platform; Automation, Analytics, and Security Applications; and Wireless Local Area Networks Access Points.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 36th percentile
(ranked lower than approx. 64% of all stocks covered)
Analysts' Target Price: EXTR Stock Forecast Based on Zacks ABR data; powered by Xignite |
