Extreme Networks Is Said to Weigh Buying Ruckus from CommScope

Extreme Networks Inc. is exploring an acquisition of Ruckus Networks from CommScope Holding Co., according to people familiar with the matter.

Extreme has been evaluating a cash-and-stock deal that could value the provider of Wi-Fi and networking systems at more than $1 billion, said the people, who asked to not be identified because the discussions are private.

A final decision on pursuing a deal hasn’t been made and Extreme could still decide against it, the people said. Representatives for Extreme and CommScope didn’t respond to requests for comment.

A potential $1 billion-plus deal would be a big bite for ...