Extreme Networks - M&A Summary and Business Overview

Technology HardwareCompany

Extreme Networks M&A Summary

Extreme Networks has acquired 12 companies, including 2 in the last 5 years. A total of 4 acquisitions came from private equity firms.

Extreme Networks’ largest acquisition to date was in 2019, when it acquired Aerohive Networks for $272M. Extreme Networks has acquired in 4 different US states, and 2 countries. The Company’s most targeted sectors include technology hardware (45%) and communications (23%).

Extreme Networks Business Overview

Where is Extreme Networks headquartered?

Extreme Networks is headquartered in Morrisville, North Carolina.

What is Extreme Networks’ revenue?

Extreme Networks disclosed revenue of 1,312M USD for 2023 and 1,112M USD for 2022.

How many employees does Extreme Networks have?

Extreme Networks has 2,849 employees.

What sector is Extreme Networks in?

Extreme Networks is a technology hardware company.

When was Extreme Networks founded?

Extreme Networks was founded in 1996 .

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity9
  • Total Sectors Invested 5
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 8
  • M&A Advisors 4

Extreme Networks

Extreme Networks, Inc.

2121 RDU Center Drive, Suite 300,
Morrisville, North Carolina 27560
United States,
(408) 579-2800
www.extremenetworks.com

Extreme Networks is a provider of network infrastructure equipment and services for enterprises and data centers. The Company delivers software-driven networking solutions that help IT departments deliver stronger connections with customers, partners and employees. Extreme Networks was founded in 1996 and is based in Morrisville, North Carolina.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 8 - 1 - - - 9
vol $754M $68M $822M
Sell (0.0/yr) # - - - - - - 0
  9

Most Recent M&A

Company Date Value Type
Ipanematech SAS 2021-08-10 68M EUR Divestiture
Cedex, France
Aerohive Networks, Inc. 2019-06-26 272M USD Add-on Acquisition
Milpitas, California · www.aerohive.com
Broadcom Inc. - Data Center Networking Business 2017-07-18 - Divestiture
Irvine, California
Avaya, Inc. - Networking Business 2017-03-07 100M USD Divestiture
Santa Clara, California
Zebra Technologies Corp. - Wireless LAN Business 2016-09-14 55M USD Divestiture
Lincolnshire, Illinois
Enterasys Networks, Inc. 2013-09-12 180M USD Add-on Acquisition
Andover, Massachusetts · www.enterasys.com
Webstacks, Inc. 2001-03-01 74M USD Add-on Acquisition
, United States
Optranet, Inc. 2001-02-01 73M USD Add-on Acquisition
Pleasanton, California
Mammoth Technology, Inc. 1996-10-07 - Add-on Acquisition
Agoura Hills, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Technology Hardware 4 (44%) 474M (58%) - -
Communications 2 (22%) 100M (12%) - -
Information Technology 1 (11%) 180M (22%) - -
Semiconductors 1 (11%) - - -
Software 1 (11%) 68M (8%) - -
Total 9 $822M - -

By Geo

State/Country Buy Value Sell Value
United States 8 754M - -
  California 5 445M - -
  Massachusetts 1 180M - -
  Illinois 1 55M - -
France 1 68M - -
Domestic 8 (89%) 754M (92%) - -
Cross-border 1 (11%) 68M (8%) - -
Total 9 $822M - -

Top M&A Advisors

Financial Deals
Raymond James - Investment Banking
1
Moelis & Co.
1
Cowen Group, Inc.
1
Legal Deals
Latham & Watkins
2

Deal Values

buy # Total
$100M to $1B 2 $452M
< $100M 5 $370M
TOTAL $822M
Largest Aerohive Networks, Inc.
$272M (2019-06-26)

M&A Connections

Deals
Acquired from
Investor(s)
11%
1 (11%)
Strategic(s)
44%
4 (44%)

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