Extreme Networks Announces Acquisition of Ipanema from Infovista

Extreme Networks Announces Acquisition of Ipanema from Infovista-01

Extreme Networks announces its decision to acquire Ipanema Technologies, the SASE (secure-access service edge) and SD-WAN (software-defined wide area network) division of Infovista. Infovista, a service assurance firm based in France, acquired Ipanema in 2015, far before SD-WAN became mainstream a few years ago.

Infovista stated in a media advisory that, “The planned transaction is part of Infovista’s strategic transformation as it sharpens its focus on delivering its cloud-native lifecycle automation platform.”

In an all-cash deal, Extreme will buy Ipanema for 60 million Euros (roughly US$73 million). The deal is likely to close soon in October, pending regulatory approval.

To Read More: ZDnet

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