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Brocade to pay $3B to buy Foundry Networks

Posted on July 21st, 2008 by ElectroGeek

SAN FRANCISCO (AP) — 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….

Full Story Via Associated Press

Filed under: Technology News

Brocade to pay $3B to buy Foundry Networks

Posted on July 21st, 2008 by ElectroGeek

SAN FRANCISCO (AP) — 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….

Full Story Via Associated Press

Filed under: Technology News

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