Cloud networking vendor, Extreme Networks, has announced it has completed the acquisition of Ipanema, the cloud-native, enterprise SD-WAN division of Infovista. The acquisition expands Extreme’s market-leading ExtremeCloudä portfolio, offering new cloud-managed SD-WAN and security software solutions required to power the Infinite Enterprise.
Following the acquisition, Extreme will augment its ExtremeCloud portfolio with Ipanema’s SD-WAN capabilities, adding more flexibility, capability, and security when connecting locations, applications, and devices. In addition, the acquisition establishes a second technology center of excellence for Extreme in Europe and deepens the company’s customer presence in that region.
“The close of the Ipanema acquisition accelerates our leadership position and growth opportunities in cloud networking by opening the door to new software subscription services within our ExtremeCloud portfolio. Our customers and partners have expressed great excitement about our vision and how this deal will continue to provide a competitive advantage and clear market differentiation,” said Ed Meyercord, President and CEO, Extreme Networks.
“The Ipanema acquisition provides us with a framework to build out SASE features and create a rich ecosystem that offers customers the flexibility needed to run their business within the Infinite Enterprise, offering better speed, performance, and security, all managed through a single interface,” added Nabil Bukhari, Chief Technology Officer, Extreme Networks.
Kristian Thyregod, Senior Vice President of Strategy and Market Development, Extreme Networks, said: “The market response to this acquisition has been overwhelmingly positive across EMEA. Together, we’ll work to further cement Extreme’s leadership position by extending the company’s addressable market and scaling global innovation – helping customers reduce the complexity and costs of managing increasingly distributed networks.”
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