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Categories: Broadcom Brocade Extreme Networks Ruckus

#ExtremeNetworks will buy #Brocade ‘s data center networking business for $55 million in cash from its soon-to-be new owner #Broadcom. The deal gives Extreme the products descended from its original Ethernet rival #Foundry. Communications chip maker Broadcom picked up Brocade in November for about $5.5 billion plus $400m of debt, but last month sold off its Wi-Fi division #RuckusWireless for $800m to Arris International. With Broadcom’s acquisition technically still to close, Extreme’s purchase requires that to happen without any issues arising

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