Extreme Networks, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Edward Meyercord
- Full Time Employees
- 2,894
- Sector
- Technology
- Industry
- Communication Equipment
- Address
- 2121 RDU Center Drive Morrisville NC United States of America 27560
- IPO Date
- Apr 9, 1999
- CIK
- 0001078271
- Website
- extremenetworks.com
- Similar Companies
- Business
- Extreme Networks, Inc. (Nasdaq: EXTR) designs, develops, manufactures, and sells software-driven wired and wireless networking infrastructure solutions worldwide; its core offerings include ExtremeCloud IQ, a machine learning- and AI-powered cloud platform for wired and wireless network management providing advanced visibility, control, analytics, automation, policy enforcement, and security for users, devices, and applications; ExtremeCloud IQ Site Engine for task automation, access control, granular real-time analytics, and multi-vendor device management; ExtremeCloud IQ Essentials encompassing wireless intrusion prevention, location services, Internet of Things connectivity, and guest management; ExtremeSwitching high-performance Ethernet switches for campus, branch, aggregation, and data center environments supporting fabric technologies like Extreme Fabric; ExtremeWireless Wi-Fi 6E/7 access points and controllers for secure indoor/outdoor deployments; ExtremeRouting routers incorporating SD-WAN capabilities; ExtremeSecurity solutions featuring zero trust network access, intrusion prevention, threat detection, and secure access controls; Extreme Fabric for unified wired/wireless automation and orchestration; ExtremeAnalytics for network performance insights and application optimization; and ExtremeWorks professional services including consulting, support, training, and optimization to accelerate digital transformation; the company targets enterprise customers in sectors such as business services, education, healthcare, hospitality, government, transportation, retail, and manufacturing, with operations spanning over 80 countries supported by approximately 11,000 channel partners and 2,800 employees. Founded in 1996 in Silicon Valley, California, originally in Cupertino and later relocated with headquarters now in Morrisville, North Carolina at 2121 RDU Center Drive, Suite 300, Extreme Networks generates approximately $1.1 billion in annual revenue from its end-to-end cloud-driven portfolio leveraging conversational, multimodal, and agentic AI innovations like Platform ONE for integrated networking, security, and multivendor telemetry. In recent developments, the company reported fiscal year 2025 revenue of $1.14 billion, up 2% year-over-year, with fourth-quarter revenue of $307 million rising 20% and SaaS annual recurring revenue increasing 24%; it forecasts double-digit growth in calendar 2025 driven by market share gains amid disruptions from HPE's pending Juniper Networks acquisition and Cisco's Splunk integration; Extreme advanced its AI-native platform at Connect 2025 with new data connectors for third-party integration and expanded zero trust network access offerings to unify networking and security; while pursuing strategic partnerships in security service edge and SASE over major acquisitions, historical expansions include the 2021 acquisition of Infovista's Ipanema SD-WAN business, 2019 purchase of Aerohive Networks for cloud-managed wireless and SD-WAN, 2017 acquisitions of Avaya's networking and Brocade's data center assets, 2016 Zebra wireless LAN business, and 2013 Enterasys Networks deal, collectively bolstering its scale to serve over 50,000 customers.
Company News
Callan Family Office LLC Invests $869,000 in Extreme Networks, Inc. $EXTR
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