Networking
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Breaking News

Brocade set to acquire Ruckus Wireless for $1.2 billion to enhance networking portfolio

Brocade entered into a definitive agreement Monday to acquire Ruckus Wireless in a cash and stock transaction. The acquisition will complement Brocade’s enterprise networking portfolio, adding higher-growth, wireless products to its existing networking line. It will also strengthen Brocade’s presence in the broader service provider space, with Ruckus’ Wi-Fi position. The acquisition will also strengthen Brocade’s ability to pursue emerging market opportunities around 5G mobile services, Internet of Things (IoT), […]

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