News
Extreme Networks Completes Acquisition of Enterasys Networks
November 2013 by Marc Jacob
Extreme Networks, Inc. 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:
Highly scaled and differentiated products and solutions: Extreme Networks will significantly increase R&D to accelerate the vision for high-performance, modular, open networking.
The combined portfolio spans data center networking, switching and routing, Software-Defined Networking (SDN), wired and wireless LAN access, network management and security. The broader solutions portfolio can be leveraged to better serve existing and new customers. Extreme Networks will continue to enhance and support the product roadmaps of both companies going forward to protect the investments of customers and avoid any disruption to their businesses.
Best-in-class customer service and support: Extreme Networks will augment the current outsourced support model by adopting Enterasys’ in-sourced expertise, continuing the award-winning heritage and strong commitment to exceptional customer experience. The Company’s expanded global network of channel partners and distributors will benefit from more services and support capabilities.
Extreme will focus on expanding its existing partnerships with Lenovo and Ericsson as well as continue to add new strategic partnerships in the future. Additionally, Extreme will increase its focus on partnering with distributors and channel partners globally. The goal will be to develop and enhance relationships that grow revenue and profits for the company and our alliance and channel partners. At the same time, we are investing in infrastructure to make it as easy as possible to do business with Extreme Networks.
Extreme Networks expects to double its revenue, to over $600M annually, and is now the fourth largest Ethernet networking vendor.
