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Extreme Networks has completed the acquisition of Aerohive Networks.
The deal adds cloud management and edge capabilities to Extreme's portfolio of software driven networking solutions and expands its capabilities in Wi-Fi and NAC technology. It also brings new SD-WAN capabilities to Extreme’s solutions mix.
Ed Meyercord, President and CEO, Extreme Networks, said: “From a financial perspective, Aerohive’s platform is a critical component in our strategy to add subscription oriented SaaS and cloud-based solutions that will enable us to drive recurring revenue and improved cashflow generation.”
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