Market Chatter: Extreme Networks Explores Sale After Receiving Interest

10:04 AM EST, 11/06/2026 (MT Newswires) -- Extreme Networks (EXTR) is exploring a sale after receiving inbound acquisition interest, Reuters reported Friday, citing people familiar with the matter. The US networking software and equipment maker, which has a market capitalization of roughly $3 billion, is working with an investment bank on a sale process, the report said, citing the people. Fortinet (FTNT), Cisco Systems (CSCO) and NetApp (NTAP) are among the potential suitors, the report said, citing the people. Extreme Networks, Fortinet, Cisco and NetApp didn't immediately reply to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 25.09, Change: +4.04, Percent Change: +19.19