Extreme Networks completed the acquisition of Infovista's Ipanema for €60m.

Extreme Networks, a cloud-driven networking company, completed the acquisition of Ipanema, an enterprise SD-WAN division of Infovista, for €60m. "The close of the Ipanema acquisition accelerates our leadership position and growth opportunities in cloud networking by opening the door to new software subscription services within our ExtremeCloud portfolio. Our customers and partners have expressed great excitement about our vision and how this deal will continue to provide a competitive advantage and clear market differentiation. Our M&A expertise and focus on execution allowed us to close ahead of schedule and we're thrilled to have so many talented Ipanema employees join Team Extreme." Ed Meyercord, Extreme Networks President and CEO.