Networking firm Extreme Networks explores sale, sources say
MarketScreener · Reuters ·
US networking software and equipment maker Extreme Networks is exploring a sale after attracting inbound acquisition interest, according to people familiar with the matter. The company,...
NEW YORK, Nov 6 (Reuters) - US networking software and equipment maker Extreme Networks is exploring a sale after attracting inbound acquisition interest, according to people familiar with the matter.
The company, which has a market capitalization of about $3 billion, is working with an investment bank on a sale process following the approach, said the people speaking on the condition of anonymity because the talks were private.
Extreme Networks, based in Morrisville, North Carolina, provides software and equipment that help enterprises manage wired and wireless networks.
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