The new Extreme Networks is off and rolling
The story of Extreme Networks is one of the more remarkable turnarounds I’ve seen in technology in years. About two years ago the company had a market cap of under $300 million, and I thought they were a sure-fire acquisition target for someone who wanted some decent technology on the cheap — because it was becoming apparently clear that the once-cool networking company had lost its way like so many others before it.Many of the brand names we have known in the past — Nortel, 3Com, Cabletron, Lucent, FORE systems and Foundry — all dropped as Cisco got bigger and HP Networking gobbled up the low end. There just didn’t seem to be room for another vendor. If an acquisition happened, it would likely fall on the scrap heap that so many other networking vendors have been tossed on.To read this article in full or to leave a comment, please click here
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