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Jul 21, 2008, 10:47 PM
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DriverHeaven Extreme Member
Join Date: Apr 2004
Posts: 7,275
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Brocade to acquire Foundry Networks
Brocade announced it plans to acquire Foundry Networks, in a deal valued at approximately $3 billion.
Under the agreement, Brocade will pay a combination of $18.50 of cash plus 0.0907 shares of Brocade common stock in exchange for each share of Foundry common stock, for a total value of $19.25 per share, the two companies said in a joint press release issued Monday. ______________ Source: Wireless Blog (News.com) |
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LinkBack to this Thread: http://www.driverheaven.net/other-tech-news/164949-brocade-acquire-foundry-networks.html
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| Posted By | For | Type | Date | |
| Brocade - forum talks | BoardReader | This thread | Refback | Aug 12, 2008 07:47 PM | |
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