Extreme Buys the Brocade Data Center Net...

Written by:Linda Hardesty
Source URL: https://www.sdxcentral.com/articles/news/extreme-buys-brocades-data-center-networking-assets-55m/2017/03/?utm_source=sdnc_slider&utm_medium=link&utm_campaign=links
Extreme Networks is buying Brocade’s data center networking assets for $55 million in cash. The company made a joint announcement with Broadcom, in light of the fact that Broadcom is in the process of buying Brocade. Extreme will close on the Brocade assets within 60 days following Broadcom‘s acquisition of that company.

Extreme will pick up Brocade’s data center switching, routing, and analytics business. Brocade’s Ruckus Wireless and ICX Switch business are being purchased by Arris for $800 million.

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Yes, there are a lot of companies to keep track of here. And there’s more!

Extreme has been on the hunt. Earlier this month, it announced it was the primary bidder for Avaya’s networking business as part of Avaya’s bankruptcy auction. Extreme has bid about $100 million for the Avaya assets.

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