Extreme Will Purchase Data Center Assets Directly From Brocade

Extreme Networks and Brocade Communications have agreed to a direct purchase of Brocade’s data center assets by Extreme. The two companies have signed an agreement to complete the purchase within the next 30 days.

The acquisition was supposed to be part of a larger deal in which Broadcom would buy Brocade outright, and then divest the IP networking unit while keeping the fibre channel business.

However, the $5.5 billion Broadcom/Brocade deal has dragged on for nearly a year as U.S. and…

Read the entire article at the source link… Drew Conry-Murray

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