Brief: Extreme Networks Announces Intent To Acquire Infovista's Ipanema SD-WAN Business

Extreme Networks

10/08/2021 12:38

Aug 10 (Reuters) - Extreme Networks Inc  EXTR.O :
    * EXTREME NETWORKS ANNOUNCES INTENT TO ACQUIRE INFOVISTA'S
IPANEMA
SD-WAN BUSINESS
    * EXTREME NETWORKS INC - EXPECTS ACQUISITION OF IPANEMA TO
BE
NEUTRAL TO NON-GAAP EPS IN FY22
    * EXTREME NETWORKS INC -  EXPECTS ACQUISITION OF IPANEMA TO
ACCRETIVE TO NON-GAAP EPS IN FY23
    * EXTREME NETWORKS - EXPECTS INFOVISTA WILL ENTER INTO
AGREEMENT
WITH CO FOR PURCHASE AND SALE OF EUR 60 MILLION (OR ABOUT $73
MILLION) IN AN ALL-CASH DEAL

Source text for Eikon:  ID:nPnb4dkG6a 
Further company coverage:  EXTR.O 

 ((Reuters.Briefs@thomsonreuters.com;))