Press release
Extreme Networks Announces Intent to Acquire Infovista's Ipanema SD-WAN Business
Cloud-Managed SD-WAN, Application Intelligence, and SASE Ecosystem to Strengthen ExtremeCloud Portfolio, Helping Customers Accelerate to the Infinite
About this update from Extreme Networks, Inc.
[{"type":"text","content":"Cloud-Managed SD-WAN, Application Intelligence, and SASE Ecosystem to Strengthen ExtremeCloud Portfolio, Helping Customers Accelerate to the Infinite Enterprise\n\n\nSAN JOSE, Calif., Aug. 10, 2021 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced the intent to acquire a newly created entity called Ipanematech SAS (\"Ipanema\"), the SD-WAN division of Infovista. The acquisition will expand Extreme's market-leading ExtremeCloudä portfolio, offering new cloud-managed SD-WAN and security solutions required to power the Infinite Enterprise.\n\n \n \n \n \n \n \n\n \nThe way people work, connect, and interact has become more fluid and highly distributed, further extending the edge of the network and in turn creating the Infinite Enterprise. Extreme's solutions power the Infinite Enterprise by leveraging a scalable cloud infrastructure to extend the connectivity required to power consumer-centric experiences anywhere and everywhere.\nIpanema's solution automatically and dynamically adjusts application traffic flows based on real-time network conditions, providing increased performance and improved quality of experience, even under diverse conditions across various types of cloud-managed WAN connectivity. Extreme plans to leverage these capabilities to establish an infinitely distributed and secure solution within the ExtremeCloud portfolio – progressing the company's position as one of the world's most advanced cloud platforms. This will add more flexibility, capability, and security when connecting locations, applications, and devices, enabling Extreme to provide the best possible experience to customers and their consumers, wherever they are in their journey toward the Infinite Enterprise.\nThe addition of Ipanema will establish a second technology center of excellence for Extreme in Europe and deepen the company's European customer presence. Ipanema has established partnerships with managed services providers and systems integrators across Europe to help customers implement, manage, and scale their cloud-driven SD-WAN installations. Ipanema's solutions are currently deployed in over 100,000 sites and serve more than 400 customers.\nIndustry Analyst Views of SD-WAN and SASE\n According to a May 2021 report from IDC[1], the SD-WAN market grew 18.5% in 2020 to $3 billion worldwid...