M&A Deal Summary

Extreme Networks Acquires Broadcom - Data Center Networking Business

On July 18, 2017, Extreme Networks acquired communications company Broadcom - Data Center Networking Business from Broadcom

Acquisition Highlights
  • This is Extreme Networks’ 2nd transaction in the Communications sector.
  • This is Extreme Networks’ 7th transaction in the United States.
  • This is Extreme Networks’ 4th transaction in California.

M&A Deal Summary

Date 2017-07-18
Target Broadcom - Data Center Networking Business
Sector Communications
Buyer(s) Extreme Networks
Sellers(s) Broadcom
Deal Type Divestiture

Target

Broadcom - Data Center Networking Business

Irvine, California, United States
Broadcom's Data Center Networking Business is a provider of end-to-end enterprise networking services.

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Buyer(S) 1

Buyer

Extreme Networks

Morrisville, North Carolina, United States

Category Company
Founded 1996
Sector Technology Hardware
Employees2,656
Revenue 1.1B USD (2024)
DESCRIPTION
Extreme Networks' corporate headquarters in San Jose, California.
Extreme Networks' corporate headquarters in San Jose, California.

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.


DEAL STATS #
Overall 7 of 9
Sector: Communications M&A 2 of 2
Type: Divestiture M&A Deals 3 of 4
State: California M&A 4 of 5
Country: United States M&A 7 of 8
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-07 Avaya - Networking Business

Santa Clara, California, United States

Avaya, Inc. - Networking Business is a provider of communication services in US.

Buy $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-26 Aerohive Networks

Milpitas, California, United States

Aerohive Networks, Inc. is a manufacturer of cooperative control wireless LAN products. Aerohive Cloud-Managed Wireless, Switching, Routing, and Security technologies provide unrivalled flexibility in deployment, management, and licensing. Credited with pioneering Controller-less Wi-Fi and Cloud Management, Aerohive delivers continuous innovation at Cloud-speed that constantly challenges the industry norm, allowing customers to rethink what's possible. Aerohive Networks, Inc. was formed in 2006 and is headquartered in Milpitas, California.

Buy $272M

Seller(S) 1

SELLER

Broadcom

Palo Alto, California, United States

Category Company
Founded 1961
Sector Semiconductors
Employees37,000
Revenue 51.6B USD (2024)
DESCRIPTION

Broadcom is a designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products. Broadcom was founded in 1961 and is based in Palo Alto, California.


DEAL STATS #
Overall 6 of 10
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 6 of 10
State: California M&A 2 of 3
Country: United States M&A 4 of 6
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-02 Brocade Communications Systems

San Jose, California, United States

Brocade Communications Systems, Inc. is a supplier of networking hardware, software, and services, including Storage Area Networking solutions and Internet Protocol Networking solutions for businesses and organizations of various types and sizes. Brocade’s end customers include global enterprises and other organizations that use the Company’s products and services as part of their communications infrastructure and service providers, such as telecommunication firms, cable operators, and mobile carriers, that use the Company’s products and services as part of their commercial operations. Brocade offers a line of networking hardware and software products and services that enable businesses and organizations to make their data centers and networks more efficient, reliable, and adaptable to the changing demands of new network traffic patterns and volumes. Brocade Communications Systems, Inc. was established in 1995 and is headquartered in San Jose, California.

Buy $5.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-11 CA Technologies

New York, New York, United States

CA Technologies is a global software provider for large companies. CA Technologies was formed in 1974 and is based in New York, New York.

Buy $18.4B