Extreme Networks is contending for greater influence from the data center to the network edge but it’s got some obstacles to overcome.
Extreme is still grappling with how to best integrate, use and effectively sell the technologies it has acquired from Avaya and Brocade in the past year as well as incorporate and develop its own products to do battle in the cloud, mobile and edge computing environments of the future. Remember too that Extreme bought wireless player Zebra Technologies in 2016 for $55 million.
In terms of results that Wall Street watches Extreme Networks grew revenue 76% to $262 million, in its recent fiscal third quarter. According to Extreme those gains were fueled mostly by growth from its acquisitions and around an 8% growth in its own products.