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Brocade Communications Systems Inc (BRCD.O)

BRCD.O on Nasdaq

12.63USD
21 Jul 2017
Change (% chg)

$0.00 (+0.00%)
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Latest Key Developments (Source: Significant Developments)

Brocade Communications agrees to withdraw, re-file joint voluntary notice to CFIUS
Tuesday, 18 Jul 2017 08:22am EDT 

July 18 (Reuters) - Brocade Communications Systems Inc ::Brocade Communications - ‍on July 17, following discussions with CFIUS, co, Broadcom agreed to withdraw, re-file joint voluntary notice to CFIUS.Brocade Communications Systems - co, Broadcom will continue to be actively engaged with CFIUS during its review of proposed acquisition - SEC filing.Brocade - once CFIUS accepts joint voluntary notice, it will commence new 30-day review period, which may be followed by a 45-day investigation period.Brocade Communications Systems Inc - on July 17, 2017, in accordance with merger agreement, co and LSI elected to extend end date to November 1, 2017.Brocade Communications Systems Inc - ‍no other provisions of merger were otherwise amended, waived, merger agreement remains in full force and effect​.  Full Article

AT&T to acquire Vyatta Software Technology from Brocade
Friday, 2 Jun 2017 09:30am EDT 

June 2 (Reuters) - AT&T Inc ::AT&T to acquire Vyatta software technology from Brocade.AT&T Inc - financial terms were not disclosed..AT&T Inc - intends to hire certain Brocade employees associated with that business.Expect to virtualize and software-control 75% of our network by 2020. Our plan is to hit 55% by end of 2017.  Full Article

Pulse Secure says affiliate acquires vADC business from Brocade Communications Systems
Thursday, 1 Jun 2017 09:53am EDT 

June 1 (Reuters) - Pulse Secure::Affiliate of Pulse Secure, LLC to acquire the Virtual Application Delivery Controller (vADC) business from Brocade Communications Systems, Inc..Transaction includes a leased research and development facility in Cambridge, UK and associated customer support, maintenance contracts.Affiliate entered agreement to acquire assets of Virtual Application Delivery Controller product family from Brocade Communications Systems.Financial terms of transaction were not disclosed.Intends to hire certain Brocade employees associated with vADC business.  Full Article

Japan Fair Trade Commission granted antitrust clearance of merger of Brocade with Broadcom
Friday, 26 May 2017 04:09pm EDT 

May 26 (Reuters) - Broadcom Ltd :On May 26 Japan Fair Trade Commission granted antitrust clearance of merger with Broadcom Limited - SEC filing.  Full Article

Brocade qtrly loss per share $0.03
Thursday, 25 May 2017 04:00pm EDT 

May 25 (Reuters) - Brocade Communications Systems Inc :Brocade announces second quarter fiscal 2017 results.Brocade communications systems inc qtrly gaap diluted loss per share of $0.03.Qtrly gaap gross margin 62.0 percent versus 66.9 percent last year.Brocade communications systems inc qtrly non-gaap diluted eps was $0.10.Qtrly non-gaap gross margin 65.3 percent versus 68.2 percent last year.Brocade communications systems inc - second quarter revenue of $553 million, up 6% year-over-year.Q2 earnings per share view $0.20, revenue view $587.2 million -- Thomson Reuters I/B/E/S.  Full Article

Brocade Communications's CEO Carney's 2016 total compensation $6.1 mln
Thursday, 23 Feb 2017 05:36pm EST 

Brocade Communications Systems Inc :Brocade Communications Systems Inc - CEO Lloyd A. Carney's 2016 total compensation was $6.1 million versus $8.4 million in 2015 - SEC filing.  Full Article

Brocade Communications Systems reports quarterly loss per share $0.01
Thursday, 23 Feb 2017 04:05pm EST 

Brocade Communications Systems Inc - : Qtrly loss per share $0.01 . Brocade Communications Systems Inc - first quarter revenue of $581 million, up 1% year-over-year and down 12% quarter-over-quarter . Qtrly non-gaap earnings per share $0.16 . Brocade Communications Systems Inc - in light of the pending broadcom acquisition, brocade will not provide fiscal q2 2017 guidance . Q1 earnings per share view $0.26, revenue view $648.9 million -- Thomson Reuters I/B/E/S .Brocade Communications Systems Inc - qtrly gaap gross margin 63.1 percent versus 67.7 percent last year.  Full Article

Broadcom receives request for more merger information from FTC - SEC filing
Tuesday, 7 Feb 2017 06:45am EST 

Broadcom Ltd : Brocade Communications Systems-on feb 3, 2017, co, broadcom got a request for additional information from FTC relating to merger - sec filing .Brocade Communications Systems Inc - company continues to expect that acquisition will be consummated in second half of its fiscal year 2017.  Full Article

Brocade Q4 non-gaap earnings per share $0.33
Monday, 21 Nov 2016 07:08pm EST 

Brocade Communications Systems Inc : Q4 revenue $657 million versus i/b/e/s view $640.1 million . Q4 gaap earnings per share $0.16 . Brocade reports fourth quarter and fiscal 2016 earnings . Q4 non-gaap earnings per share $0.33 .Q4 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.  Full Article

Brocade Q4 non-gaap earnings per share $0.33
Monday, 21 Nov 2016 06:50pm EST 

Brocade Communications Systems Inc : Q4 revenue $657 million versus i/b/e/s view $640.1 million . Q4 gaap earnings per share $0.16 . Brocade reports fourth quarter and fiscal 2016 earnings . Q4 non-gaap earnings per share $0.33 .Q4 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Brocade Communications agrees to withdraw, re-file joint voluntary notice to CFIUS

* Brocade Communications - ‍on July 17, following discussions with CFIUS, co, Broadcom agreed to withdraw, re-file joint voluntary notice to CFIUS