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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 customers. Providing a combined solution from the data center to the access point, Co. designs and develops wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security and access controls. Co.'s product categories include: Edge/Access Ethernet switching systems; Aggregation/Core Ethernet switching systems; data center switching systems; high density Wi-Fi; distributed Wi-Fi networks; centralized network visibility, control, and insights, and cloud-based network management.
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Hold (2.00 out of 4)
(ranked lower than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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