American network equipment provider Extreme Networks Inc. is considering the possibility of acquiring Ruckus Networks from CommScope Holding Co. for more than $1 billion. This is reported by foreign media.
Extreme is interested in the deal in order to expand the range of products and services for large companies and federal agencies.
In 2024, CommScope sold its broadband and cable equipment division to Amphenol Corp.for $10.5 billion to repay debt obligations. The remaining assets, including Ruckus and other businesses, will be renamed Vistance Networks starting January 14.
The market value of Extreme is about $2.1 billion, and the value of CommScope is $4.2 billion.
Extreme Networks is a telecommunications company that manufactures network equipment for switching and routing. The headquarters is located in San Jose, California.
CommScope is an American provider of a global network infrastructure of Systimax and Uniprise made of copper twisted pair, connecting panels, connectors and fiber optic cables. It is headquartered in Hickory, North Carolina, with offices in 130 countries.
Ruckus Networks is a subsidiary of CommScope manufacturing wireless network equipment and software. The headquarters is located in Menlo Park, California.
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