Saturday, 24 June 2017

Brocade to buy Ruckus Wireless for $1.2bn

By Nick Wood, Total Telecom
Monday 04 April 16

Enterprise networking vendor expands into WiFi; eyes LTE-U opportunities.

Enterprise networking vendor Brocade on Monday agreed to acquire WiFi hardware specialist Ruckus Wireless in a cash and stock deal worth US$1.2 billion (€1.05 billion). Brocade offers a range of switches, routers, network storage and software to enterprises and carriers, while Ruckus' portfolio includes indoor and outdoor WiFi access points…

Enterprise networking vendor Brocade on Monday agreed to acquire WiFi hardware specialist Ruckus Wireless in a cash and stock deal worth US$1.2 billion (€1.05 billion). Brocade offers a range of switches, routers, network storage and software to enterprises and carriers, while Ruckus' portfolio includes indoor and outdoor WiFi access points…

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