Extreme Networks is set to acquire Avaya’s Networking business for $100 million just months after the networking and collaboration company announced plans to seek Chapter 11 bankruptcy protection.
Networking, News
Avaya announces Plan Support Agreement
Avaya has entered into a Plan Support Agreement (the “PSA”) with holders of over 50% of its first lien debt, … 0 2983Extreme Networks bids $100M for Avaya’s networking business
Avaya has signed an asset purchase agreement with Extreme Networks, under which Extreme will serve as the primary bidder to acquire Avaya’s Networking business for a transaction value of approximately $100 million.
The post Extreme Networks bids $100M for Avaya’s networking business appeared first on Computer News Middle East.
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