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Brocade CEO Discusses Foundry Acquisition
Brocade Communications (BRCD) announced in July that it would acquire Foundry Networks for $3 billion, moving beyond its roots in storage area networking to take on Cisco in the Internet routing market. The deal survived the financial crisis, being repriced at $2.6 billion before closing on Dec. 19. In this video, Brocade CEO Mike Klayko speaks about the company’s motivations in acquiring Foundry and its expectations for the deal. This video runs about 3 minutes, 25 seconds.
For additional video, check out our DCK video archive and the Data Center Videos channel on YouTube.
About Rich Miller
Rich Miller is the founder and editor-in-chief of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.
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Posted January 2nd, 2009[...] Brocade CEO Discusses Foundry Acquisition « Data Center Knowledge – Oh, stop me now. Oh please. [...]
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Posted May 8th, 2011[...] Brocade CEO Discusses Foundry Acquisition « Data Center Knowledge – Oh, stop me now. Oh please. [...]
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