Top of the shop Extreme Networks completes Enterasys acquisitionNovember 4 - 9am
Extreme Networks has completed the acquisition of Enterasys Networks, with the combined company immediately becoming a networking industry leader with more than 12,000 customers.
A global provider of wired and wireless network infrastructure and security solutions, Enterasys provides a broad range of enterprise networking and security solutions by technology and industry.
As a result of the agreement, Extreme Networks expects to double its revenue, to over $US600 million annually, and is now the fourth largest Ethernet networking vendor.
“We are committed to preserve and enhance our customer’s investments and existing portfolio lifecycles,” says Chuck Berger, CEO, Extreme Networks.
“Our vision is to provide superior products and services to our customers and lead the industry with networking solutions that allow IT organisations to accelerate business growth and efficiency.
“Our current and future products and services will solve the networking challenges that are most critical to our customers’ success.”
Aiming to 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 centre 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 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.
• Strong Channels and Strategic Partners:
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.
“I am thrilled that we are combining with Extreme Networks,” says Chris Crowell, former CEO of Enterasys and now COO for Extreme Networks.
“We now have the scale to execute on many fronts, and broaden our market reach.
“Our networking innovation will deliver the highest level of customer value.
“With our global footprint, broadened portfolio, highly skilled talent and customer-centric culture, we are well positioned to set the standard for the best customer experience.”