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Slide #14. Extreme Networks, Inc. — Enterasys Networks
Extreme Networks, Inc. (NASDAQ:EXTR)
Extreme Networks, Inc. (Nasdaq: EXTR) and Enterasys Networks, Inc. today announced that Extreme Networks has entered into a definitive agreement to acquire all outstanding stock of Enterasys in an all cash transaction valued at $180 million.
Extreme Networks, together with its subsidiaries, is a provider of software-driven networking solutions for enterprise, data center, and service provider customers. 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 the software for network management, policy, analytics, security, and access controls. Co.'s product categories include: Smart OmniEdge wireless and edge switching, Automated Campus, data center, unified applications, and cloud-based network management.
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Buy (3.00 out of 4)
(ranked lower than approx. 59% of all stocks covered)
Based on Zacks ABR data;
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