The chip maker Broadcom said on Wednesday that it had agreed to acquire Brocade Communications Systems, a maker of routers, switches and other computer networking equipment, for $5.5 billion in cash. It is the latest deal in the rapidly consolidating semiconductor...
Broadcom, Ltd bought Brocade Communications Systems today for $5.9 billion, giving the company a strong offering in networking storage business. It’s quite a nice deal for Brocade shareholders, who gain a 47 percent premium over the $8.69 closing price last Friday...
Broadcom Ltd. agreed to buy Brocade Communications Systems Inc. for $5.5 billion, expanding beyond its main business in chips to add boxes that help connect storage systems to computers in data centers. Broadcom, one of Silicon Valley’s most aggressive acquirers, said...
