Tag "Broadcom"

Broadcom acquiring Brocade in a $5.9bn deal, but to sell IP Networking biz including Ruckus

Semiconductor major, Broadcom will acquire Brocade, a leader in Fibre Channel storage area network (FC SAN) switching and IP networking, for approximately $5.5 billion in cash and assuming $0.4 billion of its net debt. Broadcom plans to divest Brocade’s IP Networking