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|Extreme Networks Launches Extreme Capital Solutions to Bring Flexible Financing Options to Customers and Partners|
|Posted: Mon Apr 02, 2018 12:31:44 PM|
Industry-Leading Capital Solutions Program Allows for Increased Flexibility, Limited Investment and Zero Long-Term Commitments
SAN JOSE, Calif., April 2, 2018 /PRNewswire/ -- Today, the move to cloud computing enables businesses to define the solution they require and seamlessly adjust to shifts in needs without incurring a significant capital expenditure. Businesses are looking to adopt similar strategies in all areas of the enterprise that enable them to achieve those same benefits. Extreme Networks, Inc. (Nasdaq: EXTR) today introduced Extreme Capital Solutions, dedicated to providing competitive and flexible financing to customers, partners and prospects looking to acquire Extreme Networks' solutions. Extreme Capital Solutions is the combination of Extreme's CPEaaS (CPE As a Service) offerings with the Brocade Network Subscriptions business that recently became part of Extreme. The combined offering includes subscription, capital leasing and usage business models that provide flexibility for our partners and customers.
Designed to support partner demand, the new offering provides several financing solutions under one umbrella, including leasing, 0% interest financing and Extreme Network Subscription, an industry-leading acquisition model giving customers the ability to acquire network infrastructure without the upfront capital investment. With Extreme Capital Solutions, customers are able to invest in Extreme's technologies, solutions and services by bundling hardware, software, maintenance and training costs into one, manageable financing plan. The result enables Extreme to sell more solutions, generating net new revenue and gross margin, while enhancing and expanding relationships with customers to help them better respond to competitive business pressures in today's market.
Extreme Capital Solutions professionals work alongside Extreme's sales teams and partners to offer customers flexible financing options to acquire Extreme Networks' technologies. Customers may access Extreme Capital Solutions directly from Extreme Networks and through Extreme's global partner network including system integrators, value-added resellers, direct market resellers and distribution partners.