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General Category => Forum Lobby => Topic started by: icecream-guy on March 30, 2017, 05:29:51 AM

Title: Extreme Networks To Acquire Brocade’s Data Center Networking Business
Post by: icecream-guy on March 30, 2017, 05:29:51 AM

if you didn't hear....


Extreme Networks To Acquire Brocade's Data Center Networking Business

San Jose, CA and Singapore — March 29, 2017 – Extreme Networks, Inc. (NASDAQ: EXTR) and Broadcom Limited (NASDAQ: AVGO) today jointly announced that they have entered into an agreement for Extreme to acquire Brocade Communications Systems, Inc.'s data center switching, routing, and analytics business from Broadcom following Broadcom's acquisition of Brocade. Brocade's data center networking  business will be sold to Extreme for $55 million in cash, consisting of $35 million at closing and $20 million in deferred payments, as well as additional potential performance based payments to Broadcom, to be paid over a five-year term.


whole news release
http://newsroom.brocade.com/manual-releases/2017/Extreme-Networks-To-Acquire-Brocade%E2%80%99s-Data-Center


Title: Re: Extreme Networks To Acquire Brocade’s Data Center Networking Business
Post by: LynK on March 30, 2017, 09:46:12 AM
ewwwwwwwwwwwwww
Title: Re: Extreme Networks To Acquire Brocade’s Data Center Networking Business
Post by: deanwebb on March 30, 2017, 12:12:47 PM
Only $55 million in cash? So why didn't Cisco snap them up?
Title: Re: Extreme Networks To Acquire Brocade’s Data Center Networking Business
Post by: LynK on April 03, 2017, 07:55:31 AM
because they are trash, and the ONLY thing they do decent is their SAN switching.
Title: Re: Extreme Networks To Acquire Brocade’s Data Center Networking Business
Post by: mlan on April 03, 2017, 02:48:59 PM
So... Brocade "Campus Network" switches will not be going to Extreme Networks?  This is confusing.

Side topic, any real world feedback on their campus/access switching?
Title: Re: Extreme Networks To Acquire Brocade’s Data Center Networking Business
Post by: wintermute000 on April 03, 2017, 04:15:58 PM
Last I checked.They were decent and great bang for the buck. Not sure why you think they're trash. Like HP, half the price and does generally what you need. But that was 4 years ago dunno now
Title: Re: Extreme Networks To Acquire Brocade’s Data Center Networking Business
Post by: NetworkGroover on April 03, 2017, 05:11:26 PM
They're not bad bang for the buck as you said... but I'd put them toward the lower end of the switching market.  And who knows what's going to happen with them now...