11 AI News and Ratings on Investors’ Radar

7. Extreme Networks, Inc. (NASDAQ:EXTR)

Number of Hedge Fund Holders: 29

Extreme Networks, Inc. (NASDAQ:EXTR) provides software-driven networking solutions, including cloud management, wired and wireless infrastructure, and SD-WAN services for various industries globally.

On February 12, Extreme Networks announced new E-Rate eligible solutions for U.S. K-12 schools and public libraries, including the Extreme Platform ONE, which integrates networking, security, and AI to simplify operations. ExtremeCloud IQ helps IT teams prevent network issues from impacting learning, while ExtremeCloud SD-WAN improves application performance and user access.

ExtremeCloud Universal ZTNA offers identity-based network access and integrates security across networks, devices, and applications. Wi-Fi 7 access points, cloud-managed switches, and Extreme Fabric improve connectivity and network security. The company also provides resources to help schools and libraries with the E-Rate application process. The company’s CCO, Norman Rice commented:

“A robust, reliable network is transformative to both education and K-12 operations. By driving the convergence of AI, networking and security within a single application, Extreme Platform ONE will help schools maximize productivity and IT budgets while providing a solid foundation for next-generation digital learning. Extreme Platform ONE’s rich automation will help teams scale with ease and accommodate the influx of new demands on the network and IT teams in a simple and more flexible way – cutting tasks from hours to minutes. Extreme also helps our customers navigate the E-Rate process by helping them identify the best solutions for their environment and guiding them through the process of eligibility, budget constraints and compliance.”