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The stock market rewarded Brocade with a peak market valuation ... As an executive who the market rewarded with $500 million for his role in building Brocade, Greg Reyes became a perfect scapegoat. After the Ninth Circuit Court of Appeals published its ...
The Huffington Post · 10/27/2011
EMC and Cisco's VCE venture has continued to grow. Over the past few years, Brocade's stock price has taken a couple of cliff dives. In 2008, the stock fell from $7.49 a share in September to $3.09 in October. It ended up at a low of $2.16 a share in March ...
Computer World · ByLucas Mearian · 10/28/2011
“We applaud Brocade’s $1 billion stock buyback, both as a clear signal of the board’s and the management team’s confidence in the business, and as a means of unlocking shareholder value,” Todd R. Marcy, a Blue Harbour managing director said …
The Wall Street Journal · ByDavid Benoit · 9/25/2013
The price represents a 48% premium over Monday's closing price of McData's shares sending Brocade's stock tumbling 14.4% to $6.14 on news of the deal. "One company is doing well, Brocade, and one company is stumbling, McData. Why not wait a …
searchstorage.techtarget.com · 8/8/2006
Brocade is bumping its stock repurchase program by three-fold, as it continues to see strong fiscal quarterly revenue gains. The company announced on Wednesday its board of directors authorized an increase in how much stock the firm buys back, upping …
ZDNet · ByZack Whittaker · 9/25/2013
In the Brocade case, prosecutors presented evidence that Mr. Reyes intentionally misled shareholders with a “systemic practice of cherry-picking stock prices” to build in gains for employees. During the trial, a former human resources employee ...
New York Times · ByEric Dash andMatt Richtel · 8/8/2007
Shares of storage networker Brocade Communications (BRCD), which next reports results August 20th, fell 22 cents, or 2%, to close at $10.50, after the stock got cut to Sell from Neutral by UBS‘s Amitabh Passi, who writes that evidence is mounting of ...
Barron's · ByTiernan Ray · 7/20/2015
3 (Bloomberg) -- Blackstone Group LP ... that are receptive to prices that are below what management is looking for.” Brocade has become more expensive as its stock rebounds from an Aug. 5 drop, when the San Jose, California-based company reported ...
Bloomberg · BySerena Saitto andCristina Alesci · 2/3/2012
... Communications Systems Inc. (BRCD) on Thursday reported fiscal third-quarter earnings of $91.7 million. The San Jose, California-based company said it had profit of 21 cents per share. Earnings, adjusted for stock option expense and non-recurring ...
Morning Star · 8/20/2015
Its stock has risen steadily over the past two years. Riverbed’s ADC product line, called SteelApp, will become part of Brocade’s Software Business Unit when the acquisition completes. ADCs are used to make sure applications are delivered to users ...
Data Center Knowledge · 2/6/2015

Brocade Communications Systems

Company
Brocade Communications Systems, Inc. is a European technology company specializing in data and storage networking produ…
Brocade Communications Systems, Inc. is a European technology company specializing in data and storage networking products. Originally known for its leadership in Fibre Channel storage networks, the company has expanded its focus to include a wide range of products for New IP and Third platform technologies. Offerings now include routers and switches optimized for data center, campus and carrier environments, IP and Fibre Channel storage network fabrics; Network Functions Virtualization and Software-defined networking solutions such as a commercial edition of the OpenDaylight Project SDN Controller; and network management software that spans physical and virtual devices.
Data from: Wikipedia · Freebase