Extreme Networks to acquire rival Aerohive for $272m

Software-driven networking company Extreme Networks has announced that it will acquire Wi-Fi router maker Aerohive Networks for $272m.

The two companies have entered into a definitive agreement where Extreme Networks will purchase all of Aerohive's outstanding shares of common stock at a price of $4.45 per share in cash.

By acquiring Aerohive, Extreme Networks will add critical cloud management and edge capabilities to its existing portfolio of end-to-end, edge to cloud networking...

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