This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Extreme Networks Achieves 133% Increase Year Over Year For High Performance 10 Gigabit Ethernet Ports Addressing Data Center And Cloud

Stocks in this article: EXTR

SANTA CLARA, Calif., Sept. 12, 2012 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR) today announced continued momentum in the high performance network market having increased its 10 Gigabit Ethernet (GbE) switch port shipments by 133% year over year (FY'11/'12)  according to market share reports published by the Dell'Oro Group.  In addition, revenue for Extreme Networks 10GbE modular and fixed switches grew at nearly twice the industry rate as published in Dell'Oro Group's Q2 2012 Ethernet Quarterly Report.  

In the year-over-year comparison ending June 2012, Extreme Networks achieved a 50% revenue growth rate in high performance 10 GbE switch market. Demand for cloud and data center networking is on the rise, and according to the Dell'Oro Group's Ethernet Switch Five-Year Forecast announced this month, revenue from 10GbE switch sales will be the most impactful part of the overall Ethernet switch revenue by 2015.

"Our momentum with 10GbE switch revenue for customers building virtualized data centers, Internet Exchanges and HPC infrastructure positions us well to accelerate our share in key markets," said David Ginsburg, chief marketing officer for Extreme Networks. "These results demonstrate that customers are taking notice of our best-in-class products."

Extreme Networks has more than 6,000 customers worldwide, including 19 of the top 20 mobile operators through our mobility partners.  Extreme Networks also has more than 700 data center customers globally, including Abbot, Johns Hopkins University, Korea Telecom, Microsoft, Samsung, SingTel, and VMware.  

About Extreme Networks Extreme Networks is a technology leader in high-performance Ethernet switching for cloud, data center and mobile networks.  Based in Santa Clara, CA, Extreme Networks has more than 6,000 customers in more than 50 countries. For more information, visit the company's website at  http://www.extremenetworks.com.  

Extreme Networks and the Extreme Networks logo are trademarks or registered trademarks of Extreme Networks, Inc. in the United States and/or other countries. All other names are the property of their respective owners.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,974.31 -31.44 -0.18%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,549.2260 -15.0680 -0.33%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs