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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Extreme Networks Inc | NASDAQ:EXTR | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.22 | -1.93% | 11.20 | 9.45 | 13.25 | 11.715 | 11.145 | 11.45 | 4,770,165 | 05:00:11 |
SAN JOSE, Calif., June 29, 2021 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced it is one of the fastest growing cloud-managed network service providers and is the second-ranking brand in the industry as reported in 650 Group's June 2021 Cloud-Managed Network Services Report. Extreme is significantly outpacing the market, including the market leader, and holds more market share than the third and fourth ranked vendors combined.
Key Facts
Executive Perspectives
Chris DePuy, Founder and Technology Analyst, 650 Group
"Over the past year we have seen rapid growth in the cloud-managed network services market as an expanding number of enterprises adopt cloud services. Cloud and wireless technology are critical for today's working world and are a necessity for enterprises looking to succeed in the flexible, distributed environment that exists today. This is a rapidly growing market where Extreme is punching above its weight, and we anticipate the market will continue to expand as leading vendors like Extreme further their cloud offerings."
Wes Durow, Chief Marketing Officer, Extreme Networks
"The value of cloud services for today's enterprise cannot be overstated and is reflected in the fact that cloud is the fastest growing segment of the networking industry. Extreme's strong position in this market was established through unsurpassed network automation capabilities, insights, and performance assurance. We work relentlessly so our customers can stay ahead of the curve by innovating next generation networking solutions powered by the cloud. Extreme is proud of this industry recognition and we look forward to continuing to expand our cloud offerings, which will enable us continue to earn the trust of present and future customers."
Additional Resources
About Extreme Networks
Extreme Networks, Inc. (EXTR) creates effortless networking experiences that enable all of us to advance. We push the boundaries of technology leveraging the powers of machine learning, artificial intelligence, analytics, and automation. Over 50,000 customers globally trust our end-to-end, cloud-driven networking solutions and rely on our top-rated services and support to accelerate their digital transformation efforts and deliver progress like never before. For more information, visit Extreme's website at https://www.extremenetworks.com/ or follow us on LinkedIn, YouTube, Twitter, Facebook, or Instagram.
Extreme Networks, the Extreme Networks logo, and ExtremeCloud are trademarks or registered trademarks of Extreme Networks, Inc. in the United States and other countries. Other trademarks shown herein are the property of their respective owners.
View original content to download multimedia:https://www.prnewswire.com/news-releases/extreme-extends-leadership-position-in-new-cloud-managed-network-services-report-from-650-group-301321809.html
SOURCE Extreme Networks, Inc.
Copyright 2021 PR Newswire
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