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Brocade Buys Foundry For $3B – Let The FCOE Battles Begin

Brocade announced that it was going to buy Foundry Networks for $19.75 in cash and stock or a total of $3 billion dollars. This acquisition puts Brocade in a much better position in the coming data center network wars, as just being the dominant Fibre Channel switch vendor isn’t worth much. With the Foundry buy, Brocade picks up a respectable line of high-end Ethernet switching gear it can use to maintain its position as FCOE comes to market.”]

Source: https://www.darkreading.com/database-security/brocade-buys-foundry-for-3b—let-the-fcoe-battles-begin

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