Update: Market Chatter: Extreme Networks Explores Sale After Receiving Interest

11:07 AM EST, 11/06/2026 (MT Newswires) -- (Updates with Extreme Networks' response in the last paragraph.) 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 declined MT Newswires' request for comment, while Fortinet, Cisco and NetApp didn't immediately respond. (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: 24.25, Change: +3.20, Percent Change: +15.20