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Brocade's Ruckus Wi-Fi business finds a buyer |
February 23, 2017
Broadcom will unload the Ruckus Wireless Wi-Fi business for US$800 million when it takes over Brocade Communications Systems later this year.
The buyer, Arris International, is a maker of video and broadband equipment, including cable modems and set-top boxes with Wi-Fi inside. As part of the deal, it will also acquire Brocade’s ICX business, which makes data center, campus and carrier Ethernet switches.
Ruckus makes Wi-Fi gear primarily for enterprises and service providers. Brocade acquired Ruckus last April for $1.2 billion in a bid to expand its enterprise networking business.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/3173291/wi-fi/brocades-ruckus-wi-fi-business-finds-a-buyer.html#tk.rss_all
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