It will also help the chipmaker dig deeper into the connected devices and cars market. Brocade’s common stock will stop trading on Nasdaq and the firm will operate as a unit of Broadcom, the company said in a statement.
Nov 17 (Reuters) - Broadcom Ltd said on Friday it completed its $5.5 billion acquisition of network gear ... had agreed to buy Brocade in November of last year. Brocade’s common stock will stop trading on Nasdaq and the firm will operate …
Brocade Communications Systems Inc. (NASDAQ: BRCD) and Ruckus Wireless Inc. (NYSE ... Ruckus in a transaction valued at roughly $1.2 billion. This is a cash and stock transaction in which, under the terms of the agreement, Ruckus …
today announced that Brocade has entered into a definitive agreement to acquire Ruckus Wireless, Inc. in a cash and stock transaction. Combined company expected to be #1 in storage area networking, #1 in service provider Wi-Fi, #2 in …
Brocade said Monday that it plans to buy Ruckus Wireless for about $1.2 billion ... Ruckus shareholders will get about $14.43 for each share they own in a mix of cash and stock, a 44 percent premium from Ruckus's closing stock price of …
announced that Brocade has entered into an agreement to acquire Ruckus Wireless, Inc. in a cash and stock transaction. Under the terms of the agreement, Ruckus Wireless stockholders will receive $6.45 in cash and 0.75 …
Information about Brocade’s directors and executive officers and their ownership of Brocade’s common stock is set forth in Brocade’s proxy statement on Schedule 14A filed with the SEC on February 25, 2016, and Brocade’s Annual …
Ruckus's shares jumped to $13.18 in premarket trading on Monday, while Brocade's stock dropped 12.6 percent to $9.30. Ruckus stockholders will get $6.45 in cash and 0.75 share of Brocade common stock for each share held. Net of …
(Reuters) - Network gear maker Brocade Communications Systems Inc said on Monday it would buy Ruckus Wireless Inc in a cash and stock deal worth about $1.5 billion to add Ruckus's Wi-Fi products to its enterprise networking …