Extreme Networks
 |
|
| Public | |
| Traded as | NASDAQ: EXTR |
| Industry | Computer networking |
| Founded | 1996 |
| Founder | Gordon Stitt, Herb Schneider and Stephen Haddock |
| Headquarters |
6480 Via Del Oro San Jose, California, U.S |
|
Key people
|
Ed Meyercord, CEO |
| Products | Switches, Network management, Security, Wireless |
| Revenue | US$ 519.5 million (2014) |
| US$ 10.9 million (2013) | |
| US$ 9.7 million (2013) | |
|
Number of employees
|
1,300 (October 2015) |
| Website | www |
Ed Meyercord, CEO
Extreme Networks is a networking company based in San Jose, California that was founded in 1996. It designs, builds, and installs Ethernet computer network products for enterprise and carrier grade (metro) networks using the speed and scale of 10 Gigabit Ethernet, 40 Gigabit Ethernet and 100 Gigabit Ethernet.
Extreme Networks was established by co-founders Gordon Stitt, Herb Schneider and Stephen Haddock in 1996 in California, USA, with its first offices located in Cupertino, which later moved to Santa Clara, and later to San Jose. Early investors included Norwest Venture Partners, AVI Capital Management, Trinity Ventures, and Kleiner Perkins Caufield & Byers.
Gordon Stitt was a co-founder and served as chief executive officer until August 2006, when he retired and became chairman of the board of directors. In October 1996 Extreme Networks acquired Mammoth Technology. In September 1997 Extreme Networks aided in providing the first multi-vendor Gigabit Ethernet backbone at the Networld+Interop trade show. The company's first product was the Summit1 Gigabit Ethernet switch, a 6 Port Ethernet Layer 3 switching device featuring dual gigabit interface converter (GBIC) 1000BASE-SX interfaces. This product shipped in 1997 and won the "Best of Show" award at Networld+Interop. The Summit1 was also named the "Best of the Best Grand Winner" for the event. Extreme Networks won Best of Show awards at Networld+Interop five consecutive years, 1997 through 2001 with its Summit PX1 application switch, a Layer 4-7 device.
Extreme Networks introduced its first modular switching products, including the BlackDiamond 6800 and Alpine 3800 switches, in 1999. The initial public offering in April 1999, was listed on the NASDAQ stock exchange as ticker "EXTR." Extreme Networks acquired Optranet in February 2001 and Webstacks in March 2001. Extreme had been investors in both companies, which were purchased for about $73 million and $74 million respectively. Extreme Networks announced its first 10 Gigabit Ethernet product in 2002, available with its BlackDiamond 6800 switch.
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Wikipedia