This is Extreme Networks' 7th transaction in the United States. March 30, 2017, 6:40 AM Extreme Networks Inc. ( EXTR) saw its shares jump early on Thursday after the company announced that it will be acquiring the data center networking business from Broadcom. July 21, 2017. A total of 4 acquisitions came from private equity firms. SAN JOSE, Calif., Oct. 30, 2017 /PRNewswire/ Extreme Networks, Inc. (NASDAQ: EXTR) today announced that it has completed its acquisition of Brocade Communications Systems, Inc.'s (NASDAQ: BRCD) data center switching, routing and analytics business. SAN JOSE, Calif., Sept. 15, 2021 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced it has completed the acquisition of Ipanema, the cloud-native, enterprise SD-WAN division of Infovista. This is Extreme Networks' 4th transaction in California. Aerohive Networks provides enterprise. Log In. Newsroom Extreme Networks Completes Acquisition of the Networking Business from Avaya, Inc. San Jose, Calif. July 17, 2017 - Extreme Networks, Inc. (NASDAQ: EXTR) announced today that it has completed its acquisition of Avaya Inc.'s ("Avaya") networking business. SAN JOSE, Calif. and SINGAPORE, March 29, 2017 /PRNewswire/ -- Extreme Networks, Inc. (NASDAQ: EXTR) and Broadcom Limited (NASDAQ: AVGO) today jointly announced that they have entered into an agreement for . Avaya had itself acquired the enterprise networking business from Nortel Networks for $900 million in December 2009. SAN JOSE, Calif., Aug. 10, 2021 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced the intent to acquire a newly created entity called. Acquiring Organization: Extreme Networks Extreme Networks delivers the best wired/wireless networking experience for your staff, customers, and users. Acquisition Enhances Extreme's Enterprise Market Position and Increases Total Addressable Market. Under the terms of the merger agreement, Extreme will commence a tender offer to acquire all of the outstanding shares of Aerohive's common stock at a price of $4.45 per share in cash, representing an aggregate purchase price of $272 million, plus the assumption of unvested options and restricted stock units. Raising The Bar. The acquisition . Pricing. The transaction was finalized on October 28, 2016. As the cloud managed networking space heats up, Extreme Networks on Wednesday said it has signed a definitive agreement to acquire Aerohive Networks in deal worth approximately $272 million. Extreme Networks, Inc ., a cloud-driven networking company, announced it has completed the acquisition of Ipanema, the cloud-native, enterprise SD-WAN division of Infovista. This morning, Extreme Networks announced it has entered into an agreement to acquire Enterasys Networks for $180 million in cash. Extreme's first acquisition was Zebra's wireless LAN and security technology for $55 million in October 2016. June 26, 2019. Ipanema, also referred to as Ipanematech SAS, will likely be incorporated. Extreme emerged as the winning bidder for Avaya's enterprise networking business unit in a deal valued at $100 million. According to data from MarketBeat.com, Extreme Networks presently has an average rating of "Buy" and an average price target of $17.38. Products. Under the terms of the merger agreement, Extreme will commence a tender offer to acquire all of the outstanding shares of Aerohive's common stock at a price of $4.45 per share in cash, representing an aggregate purchase price of $272 million, plus the assumption of unvested options and restricted stock units. We are excited to announce the closing of our acquisition of Ipanema, the cloud-native enterprise SD-WAN business unit of Infovista. Search Crunchbase. Once completed, this acquisition will mold the combined company into a. The acquisition will expand Extreme's market-leading. Acquisition Extends Extreme's Leadership in Cloud Management and Wireless Networking, Adding Strong Subscription and Services Business. Extreme Networks is moving toward a cloud-driven future with the $73 million purchase of Infovista 's SD-WAN division. That deal provided the enterprise networking company with $115 million in sales in a . Last month, Extreme Networks announced it would acquire Aerohive Networks (NYSE: HIVE) for $272 million in an all-cash deal. Extreme Networks, Inc.'s purchase of Milpitas-based Wi-Fi router maker Aerohive Networks has closed, with the San Jose networking company paying $272 million in cash to acquire one of its biggest . An analyst says the $73 million acquisition is a terrific deal. The 60 million Euro purchase price is a steal and fits the mold of other Extreme acquisitions, because Ipanema is a top-tier technology that was a stranded asset inside a larger organization where . Extreme Networks on Wednesday said it has agreed to purchase Brocade Communications Systems' data center networking business from Broadcom. Extreme Networks Plans To Acquire Aerohive To Boost Wi-Fi Chops, Subscription Services Extreme's Aerohive acquisition closes WLAN product gap Extreme Networks to acquire Aerohive Networks for $272M Extreme targets cloud services, SD-WAN, WiFi 6 with $210M Aerohive grab Speaking of Quadrants, we are exactly where you need us to be. Extreme Networks on Wednesday announced it's acquiring Wi-Fi router maker Aerohive Networks for $272 million. We expect to close the transaction in the early July time frame. This is Extreme Networks' 2nd transaction in the Communications sector. Extreme Networks is one of the fastest-growing cloud-driven networking companies. 1-5 of 8 results Statistics Edit View Timeline Export to CSV Transaction Name Acquiree Name Acquirer Name Announced Date Add Column 1. Extreme Networks ( NASDAQ: EXTR) announced it has agreed to acquire all outstanding shares of common stock of Aerohive Networks ( HIVE) for $272 million. Ed Meyercord President and Chief Executive Officer Published 15 Sep 2021. Extreme continues to anticipate the transaction will be accretive to cash flow and earnings for its fiscal year 2018, which began on July 1, and expects to generate over $200 million in annualized revenue from the acquired networking assets from Avaya. With Ipanema, Extreme: Once completed, this acquisition will mold the combined company into a. SAN JOSE, Calif., July 17, 2017 /PRNewswire/ -- Extreme Networks, Inc. (NASDAQ: EXTR) announced today that it has completed its acquisition of Avaya, Inc.'s ("Avaya") networking business. Extreme Networks, Inc. announced that it has completed its acquisition of Avaya Inc.'s ("Avaya") networking business. By Mark Haranas March 07, 2017, 04:40 PM EST. The closing of the transaction is subject to customary anti-trust regulatory approvals and is expected to close in the fourth calendar quarter of 2013. Announced Date Aug 10, 2021 Completed On Date Sep 15, 2021 Acquisition Type Acquisition Price 60M Acquisition Status Complete Disposition of Acquired Organization Subsidiary Acquisition Terms Cash Solutions. The acquisition will expand Extreme's market leading ExtremeCloud portfolio, offering new cloud-managed SD-WAN and security offerings required to power the Infinite Enterprise. Accounting for Aerohive's net cash balance of $62 million at the end of March, the deal is equivalent to an enterprise value of $210 million. SAN JOSE, Calif., Oct. 30, 2017 /PRNewswire/ -- Extreme Networks, Inc. (NASDAQ: EXTR) today announced that it has completed its acquisition of Brocade Communications Systems, Inc.'s (NASDAQ: BRCD . SAN JOSE, Calif., and MILPITAS, Calif., June 26, 2019 -- Extreme Networks, Inc., a software-driven networking company, and Aerohive Networks, a pioneer in cloud-managed networking, today announced they have entered into a definitive agreement under which Extreme will acquire all of the outstanding shares of common stock of Aerohive at a price of $4.45 per share in cash, representing an . SAN JOSE, Calif., Oct. 30, 2017 /PRNewswire/ -- Extreme Networks, Inc. (NASDAQ: EXTR) today announced that it has completed its acquisition of Brocade Communications Systems, Inc.'s (NASDAQ: BRCD . Extreme Networks has acquired 12 companies, including 4 in the last 5 years. Terms of the agreement will see Extreme take control of all outstanding shares in the Wi-Fi vendor at $4.45 per share in cash, representing an aggregate purchase price of approximately $272 million. SD-WAN Extreme Networks enters SD-WAN market with $70M Ipanema acquisition CxO Spotlight Kelsey Kusterer Ziser, Editor 9/24/2021 Comment (0) Extreme Networks has finalized its acquisition of. . Brocade's portfolio provides Extreme with an industry leading data center solution used by enterprises and service providers, supports the . Resources. Extreme Networks CEO touts open SDN strategy, robust wireless as key assets in changing net market Extreme CEO Charles Berger discusses Enterasys acquisition and integration, increasing demand for . Extreme is paying a purchase price of $4.45 per share in cash, which . On the details of the transaction, Extreme expects the deal to have neutral impact on Non-GAAP EPS in FY22 and . Extreme purchased Ipanema in an all-cash deal valued at 60 million from Infovista, who is currently owned by Private Equity firm Apax Partners. With the close of this acquisition, Extreme acquires customer relationships, personnel and technology assets from Brocade including the SLX, VDX, MLX, CES, CER, Workflow Composer, Automation Suites, and certain other data center related products. The WLAN technology that Extreme Networks is now gaining has its roots at Motorola. The deal will expand Extreme's portfolio in cloud-managed Wi-Fi and network access . SAN JOSE, Calif., Sept. 15, 2021 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR ), a cloud-driven networking company, today announced it has completed the acquisition of Ipanema, the. Extreme is funding the purchase by pulling $105 million from its . On June 26, 2019, Extreme Networks announced its intention to acquire Aerohive Networks for $272 million. Extreme Networks intends to acquire Ipanema, Infovista's SD-WAN division, in an all-cash deal valued at nearly $73 million. The. On July 18, 2017, Extreme Networks acquired communications company Broadcom - Data Center Networking Business from Broadcom. . The acquisition was completed on August 9, 2019 at an aggregate purchase price of approximately $272 million. Before the market opened today (June 26), Extreme Networks announced its intent to acquire Aerohive Networks. The deal is expected to close in the fourth quarter of 2016. This comes only 45 days after the initial announcement of the acquisition on June 26th. The acquisition expands Extreme's market-leading ExtremeCloud portfolio, offering new cloud-managed SD-WAN and security software solutions required to power the Infinite Enterprise. Extreme Networks is set to acquire Avaya's Networking business for $100 million just months after Avaya said it was seeking Chapter 11 bankruptcy . Avaya - Networking business acquired by Extreme Networks Avaya - Networking business Extreme Networks Ipanema Technologies acquired by Extreme Networks Ipanema Technologies Extreme Networks Aug 10, 2021 2. Extreme Networks acquires Enterasys Networks on 2013-09-12 for an undisclosed amount. Recently, Extreme Networks announced that they had completed their acquisition of Aerohive Networks for $210 million, bringing the two network technology providers together. Extreme has closed acquisition of Infovista's Ipanema SD-WAN business. Acquisition Highlights. Extreme Networks Extreme Networks delivers the best wired/wireless networking experience for your staff, customers, and users. Infovista is moving on from the Ipanema SD-WAN unit it bought in 2015. Extreme Networks announced the intent to acquire a newly created entity called Ipanematech ("Ipanema"), the SD-WAN division of Infovista. Announced Date Sep 12, 2013; A : On September 14, 2016, Zebra entered into a definitive agreement with Extreme Networks in which Extreme agreed to acquire Zebra's WLAN business. Conference Call Today at 4:30 PM ET. Since its acquisition of Aerohive Networks in 2019, Extreme Networks has climbed its way to the second-place spot in the cloud networking space, a segment that's only been on . Extreme Networks announced that they have signed agreements to purchase all outstanding stock of Enterasys for US $180 million in cash in a cash-free, debt-free transaction. SAN JOSE, Calif., July 17, 2017 /PRNewswire/ -- Extreme Networks, Inc. EXTR announced today that it has completed its acquisition of Avaya, Inc.'s ("Avaya") networking business. SAN JOSE, Calif., Aug. 10, 2021 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced the intent to acquire a newly created entity called Ipanematech SAS ("Ipanema"), the SD-WAN division of Infovista.

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