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.

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About the Author

Rich Miller is the founder and editor at large 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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