Broadcom to swallow Brocade then spit out networking arm

clock • 1 min read

$5.9bn deal comes less than six months after Brocade acquired wireless vendor Ruckus

Semiconductor vendor Broadcom is acquiring storage vendor Brocade but plans to divest its networking arm after the $5.9bn (£4.8bn) deal closes. The duo, which are both listed on the NASDAQ, this...

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