Data Center Knowledge (Free subscription) | 07/24/2008
Catching up: Earlier this week Brocade Communications Systems (BRCD) announced plans to acquire Foundry Networks for $3 billion. This deal figures to be significant in the evolving battle for market share and mindshare in converged data center networks. Here's a roundup of analysis from major tech... Read more at our web site
Tech Confidential Blog (Free subscription) | 07/23/2008
We've got a relatively complete list of the advisers on Brocade Communications Systems Inc.'s [BRCD] $3 billion agreement to buy Foundry Networks Inc.[FDRY], announced Monday. On the...
NewsFactor Network (Free subscription) | 07/23/2008
Brocade Communications Systems Inc., dominant in an obscure corner of the data storage market, wants a piece of a bigger pie: Cisco Systems Inc.'s cash cow business of networking equipment that shuttles Internet traffic. San Jose-based Brocade said Monday it has agreed to pay $3 billion to acquire one of Cisco's much-smaller competitors, Foundry Networks Inc., to try and make that happen. The proposed...
InfoWorld (Free subscription) | 07/23/2008
Brocade Communications Systems' planned $3 billion acquisition of Foundry Networks is a major strategic move in a brewing war over the future of datacenter connectivity, industry analysts said Tuesday. The deal, expected to close in the fourth quarter, would combine a maker of Fibre Channel SAN (storage area network) switches for datacenters and a specialist in enterprise Ethernet LANs, two technologies...
PC World (Free subscription) | 07/23/2008
Brocade Communications Systems' planned US$3 billion acquisition of Foundry Networks is a major strategic move in a brewing...
bizjournals (Free subscription) | 07/22/2008
Shares of Brocade Communications Systems Inc. fell about 21 percent Tuesday, a day after the company announced its plan to pay $3 billion for Foundry Networks. (BRCD) (FDRY)
Market Watch (Free subscription) | 07/22/2008
Brocade Communications Systems Inc. shares sink by nearly 20% as Wall Street analysts question the $3 billion price tag the company is paying for its planned acquisition of Foundry Networks.
Tech Confidential Blog (Free subscription) | 07/22/2008
Shares of Foundry Networks Inc. [FDRY] climbed 31% Tuesday morning on news that networking gear maker Brocade Communications Systems Inc. [BRCD] would buy its smaller rival in a $3 billion...
Market Watch (Free subscription) | 07/22/2008
Brocade Communications Systems Inc. says it will acquire Foundry Networks for about $3 billion in cash and stock, knitting together two midsized data networkers.
Greg Galitzine's VoIP Authority Blo (Free subscription) | 07/22/2008
Brocade Communications Systems Inc. is shelling out $3 billion to buy data equipment maker Foundry Networks Inc. The move is receiving generally positive reviews as a move that will not only strengthen Brocade's product offering but will also allow it to more effectively compete with Cisco Systems. The combination of Brocade's storage switches and Foundry's data networking switches could have a significant...
The Washington Times (Free subscription) | 07/22/2008
Brocade Communications Systems Inc. is plunking down $3 billion for Foundry Networks Inc., melding two companies with presence deep in the data center and posing a direct challenge to industry behemoth Cisco Systems Inc.
EE Times (Free subscription) | 07/22/2008
Brocade Communications Systems Inc said it plans to buy data equipment maker Foundry Networks for around $3 billion to expand its product line, customer reach and sales channels.
24/7 Wall St. (Free subscription) | 07/22/2008
Brocade Communications Systems Inc. (NASDAQ: BRCD) has announced an agreement to acquire Foundry Networks, Inc. (NASDAQ: FDRY). Brocade will pay a combination... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Market Watch (Free subscription) | 07/21/2008
Brocade Communications Systems Inc. agrees to acquire Foundry Networks in a cash-and-stock deal valued at approximately $3 billion.
Boston Globe (Free subscription) | 07/21/2008
Brocade Communications Systems Inc. is plunking down $3 billion for Foundry Networks Inc. , melding two companies with presence deep in the data center and posing a direct challenge to industry behemoth Cisco Systems Inc.
