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Last $2.62 USD
Change Today +0.02 / 0.77%
Volume 604.7K
EXTR On Other Exchanges
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

extreme networks inc (EXTR) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/25/14 - $5.49
52 Week Low
04/10/15 - $2.33
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for EXTREME NETWORKS INC (EXTR)

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extreme networks inc (EXTR) Details

Extreme Networks, Inc., together with its subsidiaries, provides wired and wireless network infrastructure equipment, software, and services for enterprises, data centers, and service providers. The company offers Black Diamond products, which deliver modular or chassis-based Ethernet connectivity solutions that have a range of management and line cards allowing customers to configure and re-purpose the systems; and Summit product family of stackable Ethernet switching systems, which provide a range of connection speeds, various physical presentations, and options to deliver PoE or unpowered standard Ethernet ports. It also provides IdentiFi family of wireless access points that offer both indoor and outdoor 802.11a/b/g/n/ac access points; NetSight management software system, which manages and automates the network through a single interface; and network access control (NAC) and MobileIAM products that provide pre-connect and post-connect network access control solutions for wired and wireless LAN and VPN users. In addition, the company offers Purview, a network-powered application analytics and optimization solution. Further, it provides Software-Defined Networking solution with network management, network access control, application analytics, and wireless controller technology facilities. Additionally, it offers professional and training services; and support services for end-users, resellers, and distributors. It serves businesses, hospitals, hotels, universities, sports venues, telecommunications companies, and government agencies. The company sells its products through distributors, resellers, and field sales organizations worldwide. Extreme Networks, Inc. was founded in 1996 and is headquartered in San Jose, California.

1,563 Employees
Last Reported Date: 09/15/14
Founded in 1996

extreme networks inc (EXTR) Top Compensated Officers

Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $30.8K
Executive Vice President of Operations
Total Annual Compensation: $360.8K
Executive Vice President , General Counse and...
Total Annual Compensation: $309.6K
Compensation as of Fiscal Year 2014.

extreme networks inc (EXTR) Key Developments

Extreme Networks Inc. - Special Call

To discuss unveil of company’s new solutions-based go-to-market strategy

Extreme Networks Unveils New Solutions-Based Strategy

Extreme Networks Inc. announced that it is implementing its new solutions-based go-to-market strategy. The company will leverage its portfolio of network management, policy, BYOD and application analytics, integrated with its high-performance wired and wireless platforms, to deliver networking solutions that are designed to be flexible, scalable and easy to manage. Coupled with its focus on high quality service, Extreme's software-driven solutions are expected to enable businesses, schools and agencies to adapt quickly to meet and exceed business objectives. To develop the new strategy, the company initiated a comprehensive review process in January that included input from analysts, customers and partners. The resulting feedback pointed to a clear cut strategy centered on software and service led solutions and a definitive transformation in how the company goes to market. The company will continue to evolve its SDN capability and expand its investments in cloud solutions to deliver services that allow customers the ability to access application services seamlessly through the networking layer. In addition, the company will continue to invest in its EOS software and hardware platforms as well as aggressively accelerate its EXOS platforms to better take advantage of market advancements in networking technology. The combination of management software, analytics and new software-enabled services will transform traditional networks into strategic assets giving unique capabilities for interacting with edge devices at one end and the hyper-scale cloud on the other. As a first step to implementing the new operating plan, the company has begun to restructure its global workforce and implement other operating cost reductions. The company expects to incur a restructuring charge of $13-15 million for employee related termination benefits including severance payments and continuation of medical insurance benefits. These actions are expected to yield approximately $40 million in reduction to operating costs in fiscal 2016 including employee related expenses, professional and contractor fees and other discretionary spending.

Extreme Networks, Inc. Expands SDN Platform and OneController

Extreme Networks Inc. has expanded its software-defined networking, or SDN, platform and OneController to deliver Group-Based Policy and OpenDaylight integration with the Microsoft Skype for Business unified communications platform.


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