In detailing its financial discussion for the third quarter of 2017, Extreme CEO Ed Meyercord said the company was "closed and loaded" as it worked to combine and integrate the two companies, Avaya and Brocade, which is in the process of being bought .
Extreme a lot of work ahead, as it combines the Brocade data center business and the network technology of Chapter 11 bankruptcy Avaya Holdings, which it said it would acquire in March. Extreme added that it has now integrated another purchase that made, wireless Zebra with great success. Extreme said only in the third quarter, four of his top 10 offers came from Zebra.
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In the end, Extreme said it expects the Avaya and Brocade agreements to bring their revenues to over $ 1 billion for its fiscal year 2018, which begins July 1.
The company is now working on a technology integration road map - which it could talk about as early as June 2 when it holds an investor conference in New York.
"We will benefit from the recently revamped Avaya and Brocade platform launches with VOS and SLX platforms and advanced technologies that provide security, visibility, automation, flexibility and flexibility in data center and campus networks at any scale," said Meyercord. "Each of our companies has been leading independently towards a brilliant box model, a common technology base in which we support the simple form factors built on merchant silicon and a common Linux base. Fully customizable networks of the industry, driven by a set of services and access functions through a cloud, a common cloud library features. "
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Some other key collected key financial updates include:
Meyercord said the company will deliver its first multitasking switching platforms this quarter with our high-density 100-gigabit X870 switches, suitable for high-end, blade and spine architectures, while the new ExtremeSwitching x620 and X460-G2 Ethernet Multi-rate switches support 1 gig, 2.5 gig and 5 gigabytes of data.
Meyercord said the company is not aware of any other bidders involved in the Avaya bankruptcy sale process. We will have more clarity after the May 25 sales hearing. We are working closely with Avaya teams in planning business and operations integration and are excited about the quality of the talent we will be on board. If our agreement is approved in the auction process, we expect to close the transaction in early July.
Broadcom and Brocade have indicated they expect their transaction to close in Broadcom's fiscal third quarter ending in late July and we expect to close our transaction within 30 days of that day, Meyercord said.
