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Extreme cloud makeover for enterprise WiFi

The enterprise WiFi market has been a story of consolidation for several years now. Juniper bought Trapeze back in 2010 and then Mist earlier this year; HPE acquired Aruba; Brocade bought Ruckus and sold it on to Arris; Riverbed snapped up Xirrus. The latest deal is for Aerohive, which is to be acquired by Extreme Networks in an all-cash deal for $272 million (or $210 million deal value because Aerohive has $62 million in cash). This brings cloud-managed WiFi and network access control (NAC) products to add to Extreme’s enterprise and campus networking portfolio, which it has been expanding into areas like SD-WAN. The combined company will have about 60,000 customers and will bolster Extreme’s number three position in the…

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