Extreme Networks snaps up Aerohive to boost subscription revenues

Nima Green
clock • 2 min read

The networking vendor claims its buy out will bolster its as-a-service proposition with partners and customers

Extreme Networks has announced that it will buy cloud management vendor Aerohive Networks, in a deal reported to be worth $272m in enterprise value. The vendor claims that Aerohive's cloud managed networking portfolio will strengthens Extreme's portfolio of wireless LAN networks, edge applications, and boost subscription revenues. Commenting on the buy-out, the California-based firm said: "At a time when many of Extreme's customers and partners are turning toward as-a-service and subscr...

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