Broadcom reportedly mulling over Brocade purchase
Brocade is reportedly on the verge of a sale with chipmaker Broadcom apparently one of the interested parties.
Brocade, which specializes in data and storage networking products, has struggled in recent years to compete with larger competitors who offer expansive portfolios of both hardware and software solutions, for example Cisco. The deal, first reported by Bloomberg, could be announced as early as this week, with Brocade currently commanding a market valuation of about $3.5 billion.
Buying a
Read more »