Monday, November 3, 2003

Avaya and Extreme Networks Form Alliance

Avaya and Extreme Networks announced a multiyear, multimillion-dollar strategic alliance to jointly develop and market converged communications solutions. The alliance combines Avaya's IP-based MultiVantage Communications Applications, converged security and media gateways and servers with Extreme Networks' Ethernet platforms.


Avaya will also resell Extreme Networks' data networking products and will provide comprehensive planning, design, implementation and management services support through Avaya Global Services. Avaya will continue to offer its own line of data networking products and related services and support.


The deal also includes a warrant for Avaya to purchase up to 2.6 million shares of Extreme Networks' common stock at a price of $0.01.
http://www.extremenetworks.com/avayahttp://www.avaya.com/extremenetworks