Brocade to Acquire Ruckus Wireless to Build a Networking Company for the Digital Transformation Era
Verfasser: pr-gateway on Monday, 4 April 2016Enhances Brocade's position as a pure-play networking company, addressing critical networking requirements from the data center to the wireless network edge
- Combined company expected to be #1 in storage area networking, #1 in service provider Wi-Fi, #2 in data center networking, #3 in enterprise wireless LAN, and #3 in enterprise edge networking in the U.S. and EMEA
- Transaction expected to be accretive to Brocade"s non-GAAP earnings by Q1 FY17
- Brocade increases stock repurchase authorization by $800 million