Extreme Networks announced a new solutions-based go-to-market strategy, leveraging its portfolio of network management, policy, BYOD and application analytics, integrated with its high-performance wired and wireless platforms, to deliver networking solutions that are designed to be flexible, scalable and easy to manage. The combination of management software, analytics and new software-enabled services are designed to transform traditional networks into strategic assets giving unique capabilities for interacting with edge devices at one end and the hyper-scale cloud on the other.
Extreme Networks said that it will continue to evolve its SDN capability and expand its investments in cloud solutions to deliver services that allow customers the ability to access application services seamlessly through the networking layer. In addition, the company will continue to invest in its EOS software and hardware platforms as well as aggressively accelerate its EXOS platforms to better take advantage of market advancements in networking technology.
At the same time, Extreme Networks also announced plans to restructure by cutting 18 percent of its global workforce.
Ed Meyercord, President & CEO, Extreme Networks
I'm pleased with how quickly our leadership team transformed our market vision into a tangible, executable plan. The changes we are making today put us in a position to leverage our deep portfolio of technology, talented resources and unique position in the market. Our focus will be to build on our strong customer relationships with a solutions-based approach and the highest level of customer support in the industry. Our strategy and execution of this new operating plan will enhance customer satisfaction, improve the competitiveness of the company and increase shareholder value.
