September 12, 2013

Extreme Networks Announces Agreement to buy Enterasys

Today Extreme Networks announced agreements to purchase all outstanding stock of Enterasys for US $180 million in cash in a cash-free, debt-free transaction. 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. Following the closing of the transaction, Enterasys will become a wholly owned subsidiary of Extreme Networks and the two companies will continue to fully support their existing customer base. Learn more here

Highlights of  Press Coverage below:

Extreme Networks Agrees to Buy Enterasys Networks for $180 Million

Wall Street Journal |Michael Calia | Sept 12

Extreme Networks Buys Enterasys for $180 Million

The VAR Guy | Charlene OHanlon | Sept 12

Extreme Buys Enterasys to Expand Networking Capabilities

eWeek |Jeff Burt | Sept 12

Extreme Networks bulks up, acquires Enterasys Networks for $180 million

ZDNet | Larry Dignan | Sept 12 

Ethernet consolidation: Extreme snaps up Enterasys for $180 million

Network World | Michael Cooney | Sept 12

Data center do-si-do: Extreme Networks acquires Enterasys for $180M

VentureBeat| Rebecca Grant | Sept 12

Extreme Networks plunks $180M down on Enterasys

GigaOm | Barb Darrow | Sept 12

Extreme Networks plunks $180M down on Enterasys

CNN Money | Barb Darrow | Sept 12

Extreme Networks acquires Enterasys for some long-overdue industry consolidation

Network World | Zeus Kerravala | Sept 12   

Extreme Networks Buys Enterasys for US$180M

Datacenter Dynamics | Yevgeniy Sverdlik | Sept 12       

Extreme Networks Acquires Enterasys for $180 Million

Enterprise Networking Planet | Sean Kerner | Sept 12

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