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Brocade CEO Discusses Foundry Acquisition

Posted By Rich Miller On December 29, 2008 @ 6:35 pm In Data Center Videos | 2 Comments

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 [1]in the Internet routing market. The deal survived the financial crisis, being repriced at $2.6 billion [2] before closing on Dec. 19 [3]. 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 [4] and the Data Center Videos [5]channel on YouTube.

About Rich Miller [6]

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.

Article printed from Data Center Knowledge: http://www.datacenterknowledge.com

URL to article: http://www.datacenterknowledge.com/archives/2008/12/29/brocade-ceo-discusses-foundry-acquisition/

URLs in this post:

[1] take on Cisco : http://www.eweek.com/c/a/Enterprise-Networking/Brocade-Acquires-Foundry-Networks/

[2] repriced at $2.6 billion: http://www.thedeal.com/techconfidential/money-out/blog/deal/brocade-and-foundry-agree-to-c.php

[3] closing on Dec. 19: http://www.brocade.com/company/news-events/news/2008/12_19_Foundry.page

[4] DCK video archive: http://www.datacenterknowledge.com/archives/data_center_videos-index.html

[5] Data Center Videos : http://www.youtube.com/user/DataCenterVideos

[6] Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/

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