Extreme Networks to Pay $975,722 to Resolve DOJ Probe Into Sales to Russian Weapons Maker

03:05 PM EDT, 10/27/2026 (MT Newswires) -- Extreme Networks (EXTR) has agreed to pay $975,721.84 in criminal penalties to resolve US sanctions and export control violations tied to sales to a Russian weapons manufacturer, the Department of Justice said Tuesday. The North Carolina company will forfeit $487,860.92 in proceeds and pay a criminal fine of the same amount under a non-prosecution agreement, according to a statement. It will also resolve a parallel Treasury Department administrative action. The agreement resulted from an investigation into Extreme Networks' sales of products and services to a Russian weapons manufacturer that was owned by sanctioned entity Almaz Antey. Extreme Networks did not immediately respond to a request for comment from MT Newswires. Price: 23.91, Change: +1.21, Percent Change: +5.31