Extreme Networks Inc (EXTR.OQ)
26 Jun 2017
* final agreement has been approved by United States Bankruptcy Court for Southern District of New York
Bankrupt telecommunications company Avaya Inc won court approval on Thursday for its planned sale of its networking business to Extreme Networks Inc after resolving objections to the deal, which is worth up to $100 million, a spokesman said.
* Extreme Networks reports third quarter fiscal year 2017 financial results
Mentor Graphics Corp, which makes software for designing semiconductors, is seeking to block bankrupt telecommunications company Avaya Inc's planned sale of its networking business because of an intellectual property dispute.
Bankrupt telecommunications company Avaya Inc received court approval on Wednesday to move forward with its planned sale of its networking business to Extreme Networks Inc, which has offered up to $100 million.
* Extreme Networks to acquire Brocade's data center networking business
* Extreme Networks reports second quarter fiscal year 2017 financial results