Brocade

Three deals symbolized storage trends in 2008

ITworld staff — Fri, 19 Dec 2008 20:49:31 -0500

The storage story of 2008 was growth: An accelerating explosion of information, much of it in the form of video, led IT administrators to try to make better use of their capacity and staff.

Foundry shareholders OK merger with Brocade

ITworld staff — Wed, 17 Dec 2008 16:22:44 -0500

Foundry Networks shareholders have approved a merger with Brocade Communications, overcoming what appears to be the last major hurdle in a deal that had been questioned as stock and credit markets plunged.

Fans and skeptics argue on Fibre Channel over Ethernet

ITworld staff — Thu, 30 Oct 2008 13:43:24 -0400

The Storage Networking World Europe show focused on Fibre Channel over Ethernet, which some see as a Trojan horse that Cisco can use to attack Brocade.

Brocade gets loan to fund Foundry buyout

ITworld staff — Tue, 07 Oct 2008 21:39:10 -0400

Brocade Communications Systems on Tuesday secured a $1.1 billion loan to fund its acquisition of Foundry Networks despite a tightening of credit markets amid the Wall Street meltdown.

Brocade gearing up to fight 'Cisco fatigue'

ITworld staff — Thu, 18 Sep 2008 09:47:42 -0400

With its acquisition of Ethernet vendor Foundry Networks expected to close by year's end, Brocade is painting itself as the alternative to Cisco that IT administrators have been looking for.

Storage boom drives strong Brocade results

ITworld staff — Wed, 13 Aug 2008 17:06:10 -0400

Brocade Communications Systems rode a boom in networked storage to double-digit revenue growth and earnings that beat analysts' expectations in its fiscal third quarter.

Brocade deal to help drive data-center transition

ITworld staff — Wed, 23 Jul 2008 09:54:27 -0400

Brocade Communications Systems' planned US$3 billion acquisition of Foundry Networks is a major strategic move in a brewing war over the future of data-center connectivity, industry analysts said Tuesday.

Brocade to buy Foundry for $3 billion

abennett — Mon, 21 Jul 2008 20:22:16 -0400

Storage networking company Brocade Communications Systems has agreed to acquire enterprise LAN vendor Foundry Networks for approximately US$3 billion, the companies announced Monday.