The acquisition is part of a the company’s push to take control of the enterprise networking market by providing end-to-end software-based solutions for enterprise customers from the data center to the wireless edge.
Ed Meyercord, President and CEO of Extreme Networks said: “This is an exciting day for Extreme Networks and a strategic milestone for our company that further enables us to deliver the end-to-end networking solutions and services enterprise customers across our target vertical markets need to run their businesses. In addition to acquiring networking assets that complement and strengthen our capabilities, we are expanding our bench of talented and experienced employees, partners and networking customers. We’ve already seen great participation from new and existing partners and customers during our recent closing roadmap webinar, which is a key indicator of the mutual excitement for this deal.”
Avaya President and CEO Kevin Kennedy, said that it’s been clear this is the right move for all of us – one that will accelerate growth for both Extreme Networks and Avaya.
“We believe the addition of our complementary, award-winning wired, WLAN and Fabric technology will not only strengthen Extreme Networks’ competitive position but also create strategic opportunities for customers and partners. We look forward to continuing Avaya’s focus on growth within our core, industry-leading Unified Communications and Contact Center solutions.”
As part of this transaction, Extreme Networks acquired customers, personnel and technology assets from Avaya. The acquisition strengthens Extreme Networks’ position as a leader across the education, healthcare, and government markets with the addition of Avaya’s award winning fabric technology for highly secure, simplified access, management and control. The acquisition also strengthens Extreme Networks’ switching portfolio, including a new family of high performance modular switches, software tools and IoT technology.
“Avaya’s networking business is a strategic fit for Extreme Networks that strengthens the company’s position in the enterprise market,” said Zeus Kerravala, analyst & founder, ZK Research. “Avaya’s strength in the core and campus perfectly complements Extreme Networks’ market focus. Additionally the acquisition is a positive move for Extreme Networks, Avaya and both customer bases as it creates a company with best-in-class products that span the entire enterprise network.”