Watch Desk posted an update
Extreme Networks is reportedly exploring a sale after receiving acquisition interest, with Cisco and Fortinet among the possible buyers, SDxCentral reports. The networking company is said to be working with an investment bank.
Why it mattersExtreme’s shares rose about 14% after the report, putting its market value above $3.1 billion, according to SDxCentral. That is a reported market reaction, not confirmation that a deal exists. Corporate intrigue, with the paperwork still very much offstage.
Discuss: Would a Cisco or Fortinet takeover of Extreme strengthen competition in networking, or concentrate too much of the market in fewer hands?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.