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Extreme Networks Completes Acquisition of Brocade’s Data Center Networking Business

Extreme Networks Completes Acquisition of Brocade's Data Center Networking Business
Credit: extremenetworks.com

Extreme Networks, Inc. announced that it has finished its procurement of Brocade Communications Systems, Inc.’s data center switching, routing, and analytics business.

Brocade’s portfolio provides Extreme with “an industry leading data center solution” used by enterprises and service providers, supports the company’s growth strategy to lead the networking industry from the data center to the wireless edge, and secures Extreme’s position as a “top player in the enterprise networking market.” This is the third in a series of acquisitions announced by Extreme in the last year, including its acquisition of Zebra Technologies’ WLAN business and Avaya’s networking business.

With the close of this acquisition, Extreme acquires customer relationships, personnel, and technology assets from Brocade, including the SLX, VDX, MLX, CES, CER, Workflow Composer, Automation Suites, and certain other data center-related products. The acquisition enhances Extreme’s data center solutions used by enterprises and service providers across industries such as education, hospitality, healthcare, retail, transportation and logistics, manufacturing, and government.

Extreme anticipates the transaction will be accretive to cash flow and earnings for its fiscal year 2018, which began on July 1, and it expects to generate over $230 million in annualized revenue from the acquired assets.