San Jose-based Extreme Networks, Inc. has acquired wireless and wired solutions provider Enterasys. The Ethernet vendor expects this acquisition to enable it to double its annual revenues to US$600 million yearly.
Extreme Networks announced the acquisition early this week, declaring also that the development makes it the industry’s fourth largest vendor. The top three vendors are Cisco, HP, and Alcatel-Lucent, according to market research firm iCharts.
The announcement gave no figures on the amount paid for Extreme Networks’ acquisition of Enterasys, but said the vendor’s customer base of enterprise network customers has increased to 12,000 as a result.
The acquired company is based in New Salem, Hampshire, and is a developer of wired and wireless networking solutions as well as security and managerial solutions.
Enterasys has a market presence in enterprise networks for schools, colleges, and universities, government offices, healthcare institutions, and manufacturing firms, among others.
Combined portfolio of solutions
The announcement revealed that the acquisition brings a combined portfolio of solutions that spans data centre networking, switching and routing, software defined networking (SDN), wired and wireless LAN access (LAN), and network managerial security.
“The company’s expanded network of channel partners and distributors will benefit from more services and support capabilities,” according to the announcement.
It further said that Extreme Networks would expand its existing partnerships with Lenovo and Ericsson even as it would seek additional strategic partners.
Extreme Networks CMO Vala Afshar noted that mobile, social, cloud, big data, and the application economy are now changing the business landscape. “We are well positioned with our people and portfolio to guide organisations through this digital transformation,” he said.
Ex-Enterasys CEO Chris Crowell is now Extreme Networks’ COO while Chuck Burger remains as CEO.
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