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Author Topic: Extreme Networks acquire Enterasys  (Read 2368 times)

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Offline Dominik

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Extreme Networks acquire Enterasys
« on: September 18, 2013, 03:33:06 PM »
Extreme Networks has acquired Enterasys for 180Million $.
I personal have worked with the euipment of both vendors, never thought in the past that it would
go that way. Once in the past cable tron was a big player in the networkling industry after they where splitted into multiple companys, one of them was Enterasys it still had a big costomer base.
Now a former startup has aquired Enterasys for (only) 180 Million.
Avaya has payed for the Data Networking part of Nortel 900Million, compared to that 180 Million is not much.

Not sure how that acquisition will work out for Extreme Networks, maybe we see black boxes with pink stripes or pink boxes with black stripes in the future.


http://www.channelregister.co.uk/2013/09/13/extreme_buys_enterasys/
« Last Edit: September 18, 2013, 05:35:01 PM by Dominik »
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Offline Flintstone

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Re: Extreme Networks acquire Enterasys
« Reply #1 on: September 19, 2013, 04:42:25 AM »
How the mighty have fallen! :(

I used to work for Cabletron then Enterasys and transferred over to Riverstone Networks and the total turnover was $1 billion a year, so a major player at the time as Cabletron was number 3.

It sounds like Extreme got Enterasys on the cheap and doubled their turnover to $600 million, so it will be interesting to see how it pans out?  I think Enterasys never really recovered from financial irregularities, where they were effectively paying customers to buy its own kit, so inflating the share price?

Some of my old friends at Enterasys are really worried about their jobs as it would seem likely that engineering will be transferred from the East coast to the West coast and there will be a consolidation process in other areas? :(

On another note Extreme Networking equipment is very good kit.  Not sure about Enterasys now but good luck to them :)

CheerZ
« Last Edit: September 19, 2013, 04:45:09 AM by Flintstone »