Kevin Kennedy

"As I have worked with the leadership teams of both companies throughout this process, it's been clear this is the right move for all of us – one that will accelerate growth for both Extreme Networks and Avaya. We believe the addition of our complementary, award-winning wired, WLAN and Fabric technology will not only strengthen Extreme Networks' competitive position but also create strategic opportunities for customers and partners. We look forward to continuing Avaya's focus on growth within our core, industry-leading Unified Communications and Contact Center solutions."

Kevin Kennedy,
President and CEO,
Avaya

Extreme Networks has completed its acquisition of Avaya Inc.'s networking business. The acquisition supports the company's growth strategy to lead the enterprise networking market with end-to-end software-driven solutions for enterprise customers from the data center to the wireless edge.

Extreme continues to anticipate that the transaction will be accretive to cash flow and earnings for its fiscal year 2018, which began on July 1, and expects to generate over USD 200 million in annualized revenue from the acquired networking assets from Avaya.

As part of this transaction, Extreme acquired customers, personnel, and technology assets from Avaya. The acquisition strengthens Extreme's position as a leader across the education, healthcare, and government markets with the addition of Avaya's award-winning fabric technology for highly secure, simplified access, management, and control. The acquisition also strengthens Extreme's switching portfolio, including a new family of high-performance modular switches, software tools, and Internet of Thing (IoT) technology.


 

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