Broadcom to acquire networking solutions provider Brocade for $5.5 billion

Chipmaker Broadcom Ltd said on Wednesday it would buy network gear maker Brocade Communications Systems Inc for $5.5 billion in cash, to expand its fibre channel and storage businesses.

http://ift.tt/2eUcwA4 from The Times of India http://ift.tt/2fdxbhd
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