fromTechzine Global
2 weeks agoExtreme Networks considers acquisition of Ruckus from CommScope
Extreme Networks is investigating the acquisition of Ruckus Networks from CommScope. The deal could be worth more than $1 billion (€857 million). No decision has been made yet, and Extreme may decide not to proceed with the acquisition. This is according to Bloomberg, based on sources. At the close of trading on Monday, Extreme Networks had a market value of approximately $2.1 billion. CommScope shares rose 2.9 percent to $19.04, giving the company a market value of approximately $4.2 billion.
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