05-04-2016 00:42 via

Brocade buying Ruckus Wireless for $1.2 billion

Networking hardware vendor Brocade announced today that it would add a wireless infrastructure club to its bag in the form of Ruckus Wireless, as part of a deal with a net value of $1.2 billion.
The objective, according to Brocade’s public statement, is to broaden the company’s enterprise networking stable and boost profits, since wireless is a growth area. Like any merger of this type, the idea seems to be to offer a unitary set of products and services.
+ALSO ON NETWORK WORLD: HTT
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