Extreme Networks CEO Meyercord On The Battle Plan For Taking On Cisco And HPE Aruba
You're just coming off your fiscal third quarter. Where did you see growth, and how did the former Avaya and Brocade units perform?
As far as the quarter goes, the core Extreme business is doing quite well, and saw 8 percent organic growth year-over-year. Avaya, which we call our Campus Fabric, showed really good progress from the December quarter to the March quarter. The Brocade business came in essentially in line with our forecast to the Street. When we set out to acquire the Avaya networking assets and the Brocade data center assets, we looked at Avaya as a $200 million run rate, and we looked at Brocade as a $230 million run rate. If you clump those two together, you end up with a $430 million revenue number from acquired assets. When you look at the base Extreme, which now includes Zebra revenue, it's about $650 million. You put that together and you have a $1.08 billion baseline run rate business. That's what we've been looking at from a Street perspective.