Extreme Networks Explores Sale Process
Extreme Networks is exploring a potential sale after attracting acquisition interest from prospective buyers. The networking firm is working with an investment bank to navigate the process amid rising demand for AI capabilities.
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Extreme Networks Inc is exploring a sale after drawing inbound acquisition interest, valuing the networking firm at about $3B. The process follows a 17% jump in the company's shares on Friday. The move places the firm among a wave of tech acquisitions aimed at expanding AI capabilities.
