Extreme Networks in $100 mn deal to buy Avaya’s Networking biz

Extreme Networks for data centersExtreme Networks today confirmed that it will buy Avaya’s Networking business for nearly $100 million. It received approval from the U.S. Bankruptcy Court for the Southern District of New York.

Extreme expects to generate over $200 million in annualized revenue from the acquired networking assets from Avaya. The transaction is expected to close on or shortly after July 1, 2017.

Extreme Networks’s strategy is to expand the company’s offerings for data center, core, campus and edge networking solutions through strategic acquisitions.

In October 2016, Extreme closed its acquisition of the wireless LAN business from Zebra Technology Corporation, which is expected to generate over $115 million in annualized revenue in fiscal year 2018.

In March, Extreme announced a deal to acquire Brocade Communications’s data center switching, routing, and analytics business from Broadcom following the closing of Broadcom’s acquisition of Brocade. The Brocade transaction is expected to generate over $230 million in annualized revenue to Extreme.

“Avaya’s networking business complements our portfolio and will broaden Extreme’s enterprise solutions capabilities across our vertical target markets. We are moving forward with our integration planning for both Avaya Networking and the Brocade Data Center Networking business,” said Ed Meyercord, president and CEO of Extreme Networks.

“Avaya channel partners will benefit by working with a vendor focused on the networking space and by having access to a more competitive end-to-end portfolio,” said David Raftery, managing partner, Integration Partners.

Meanwhile, Avaya is offering desktop and conference phones to service providers in partnership with BroadSoft. BroadSoft is the market share leader for cloud-based unified communications, with its open platform deployed by 25 of the world’s top 30 service providers.

Frost & Sullivan expects SIP phone shipment to more than double five years from now, reaching new customers and delivering more functionality to businesses.

Avaya said its SIP based desktop and conference phones provide affordable endpoints for third-party, hosted call control platforms. Avaya has three models: a conference phone, a desktop handset and the sleek, new Avaya Vantage phone.

Related News

Latest News

Latest News