March 7, 2017 / 9:18 PM / 4 months ago

BRIEF-Extreme Networks signs agreement to purchase Avaya's networking business

1 Min Read

March 7 (Reuters) - Extreme Networks Inc:

* Extreme Networks signs agreement to purchase Avaya's networking business

* Extreme Networks Inc - under terms of agreement, assets of Avaya's networking business unit will be sold to extreme for approximately $100 million

* Extreme Networks Inc - expect combined businesses can achieve synergies and provide accretion to extreme's fiscal 2018 earnings and cash flow Source text for Eikon: Further company coverage:

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