Extreme Networks Announces Intent to Acquire Ipanema from Infovista
Summary
Extreme Networks has announced its intent to acquire Ipanema from Infovista, according to a press release on the company’s website. In the company’s press release, Extreme’s President and CEO Ed Meyercord stated: “By acquiring Ipanema, Extreme extends its market leadership position in cloud with features that will help to reduce complexity for customers when it comes to operating and managing their increasingly distributed networks. Tapping into the fast-growing and developing market segments of cloud-managed SD-WAN, and, in the future SASE, accelerates our topline growth potential and expands our opportunity to grow recurring revenue with additional SaaS applications. The vendor’s 802.11ax access point library is extensive, as Extreme manufactures multiple device types in different tiers to let customers choose how heavy-duty their infrastructure is. By building upon Ipanema’s innovation and performance, we’ll be able to provide customers more flexible and secure cloud-managed solutions to connect locations, people, applications, services, and devices with even greater speed and finesse.” Learn more about the Extreme Networks-Ipanema acquisition here.
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