Broadcom Buys Brocade in $5.9 Billion Deal

In the first of what will certainly be many steps given the nature of the deal, Broadcom (NASDAQ: AVGO) has acquired network solutions provider Brocade Communications (NASDAQ: BRCD) for $5.5 billion, plus the assumption of $400 million in debt, bringing the total value of the deal to $5.9 billion. …read more

Read more here: Broadcom Buys Brocade in $5.9 Billion Deal

Category: AVGO, BRCD

Leave a Reply

%d bloggers like this: