Extreme Networks, a publicly owned company headquartered in the US, was founded in 1996 and employs approximately 3,540 individuals. The company specializes in providing software-driven networking services for enterprise customers. Its product portfolio includes wired and wireless network infrastructure equipment, as well as software for network management, policy enforcement, analytics, and access controls. Extreme Networks also offers Wi-Fi, centralized management, cloud-based network management, and application analytics capabilities.
Extreme Networks (EXTR) recorded a 4.53% share price return over the past seven days, as of February 8, following the launch of its E-Rate eligible networking solutions for K-12 schools and libraries, anchored by its AI-powered Extreme Platform ONE. Previously, on February 5, the company posted earnings that analysts described as strong, despite a subdued stock price reaction. On the same day, Extreme Networks announced its delivery of AI-powered networking to K-12 schools, with Nelson County Public Schools (NCPS) confirming it modernized its network backbone with Extreme's E-Rate-eligible solutions to ensure uninterrupted access to digital curriculum for students and educators. This followed Middlesbrough College in Northern England, a long-time customer serving approximately 15,000 students, upgrading to Extreme Platform ONE on February 4, after nearly two decades of trusting Extreme Networks for its campus connectivity.
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