
This Slide: #14 of 29 |
Slide #14. Extreme Networks, Inc. — Enterasys Networks
Acquirer:
Extreme Networks, Inc. (NASDAQ:EXTR)
Acquiree:
Enterasys Networks
Details:
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 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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![]() Buy (3.00 out of 4) 33rd percentile
(ranked lower than approx. 67% of all stocks covered)
Analysts' Target Price: EXTR Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |
