Brocade Completes Acquisition of Foundry Networks
Brocade Completes Acquisition of Foundry Networks
"The close of the Foundry acquisition will significantly enhance our ability to deliver on our mission of connecting the world's most important information," said Mike Klayko, Brocade CEO. "Brocade will now be able to offer a comprehensive IP and data center networking solution portfolio capable of addressing emerging market technology trends while meeting the needs of the world's most demanding, data-intensive organizations."
Foundry was founded in 1996 and has approximately 1100 employees with operations in all major geographies. Foundry employees and the company's products and technologies will be integrated throughout Brocade according to function.
Qatalyst Partners advised Brocade on financial matters and Cooley Godward Kronish LLP was Brocade's legal advisor.
For more information about the Brocade acquisition of Foundry, please
watch the video interview of Mike Klayko at
www.youtube.com/watch?v=njmeDfrMZC8 . For more company information,
visit www.brocade.com/extraordinary.
About Brocade
Brocade (Nasdaq: BRCD) develops the highest-performance, most cost- effective, and most reliable networking solutions that enable today's complex, data-intensive organizations to optimize information connectivity and maximize the business value of their data. For more information, visit www.brocade.com.
Brocade, the B-wing symbol, DCX, Fabric OS, File Lifecycle Manager, MyView, and StorageX are registered trademarks, and DCFM and SAN Health are trademarks of Brocade Communications Systems, Inc., in the United States and/or in other countries. All other brands, products, or service names are or may be trademarks or service marks of, and are used to identify, products or services of their respective owners.
SOURCE Brocade
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