Brocade to buy Foundry Networks
In a move that could challenge Cisco's dominance in the network equipment market, San Jose-based Brocade Communications Systems announced Monday that it plans to buy Foundry Networks in a $2 billion deal.
Brocade today announced that Insight Investment, part of the HBoS group and a specialist asset manager at the forefront of designing investment solutions specifically intended to meet clients' needs, has selected Brocade to provide its entire business network.