Infrastructure // Networking
News
9/12/2013
01:00 AM
Connect Directly
RSS
E-Mail
50%
50%
Repost This

Extreme Networks Buys Enterasys For $180 Million

Extreme announces a bid to acquire Enterasys Networks, doubling the size of the Ethernet switching vendor.

Extreme Networks said on Thursday that it's acquiring Enterasys Networks. The deal, in which Extreme is acquiring all outstanding shares of Enterasys for $180 million in cash, appears to be intended to extend both companies’ viability in a market dominated by Cisco and Hewlett-Packard.

“The combination brings together two leaders and long-time players in the Ethernet networking space,” Extreme CEO Chuck Berger said during a conference call with analysts and media. “We will be the largest company focused on Ethernet switching.”

Meanwhile, Chris Crowell, CEO of Enterasys, was more direct: “Scale matters in this business.”

Read the rest of this article on Network Computing.

Comment  | 
Print  | 
More Insights
2014 Private Cloud Survey
2014 Private Cloud Survey
Respondents are on a roll: 53% brought their private clouds from concept to production in less than one year, and 60% ­extend their clouds across multiple datacenters. But expertise is scarce, with 51% saying acquiring skilled employees is a roadblock.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Elite 100 - 2014
Our InformationWeek Elite 100 issue -- our 26th ranking of technology innovators -- shines a spotlight on businesses that are succeeding because of their digital strategies. We take a close at look at the top five companies in this year's ranking and the eight winners of our Business Innovation awards, and offer 20 great ideas that you can use in your company. We also provide a ranked list of our Elite 100 innovators.
Video
Slideshows
Twitter Feed
Audio Interviews
Archived Audio Interviews
GE is a leader in combining connected devices and advanced analytics in pursuit of practical goals like less downtime, lower operating costs, and higher throughput. At GIO Power & Water, CIO Jim Fowler is part of the team exploring how to apply these techniques to some of the world's essential infrastructure, from power plants to water treatment systems. Join us, and bring your questions, as we talk about what's ahead.