Brocade Communications Systems Inc (BRCD.OQ)
Jan 13 Set-top box maker Arris International Plc is in talks to acquire Brocade Communications Systems Inc's networking equipment business for as much as $1 billion, according to people familiar with the matter.
NEW YORK (Reuters LPC) - Six banks will be providing a US$6.5bn financing backing chipmaker Broadcom's acquisition of Brocade, a maker of networking switches, software and storage products, two sources familiar with the financing said.
Chipmaker Broadcom Ltd said it would buy Brocade Communications Systems Inc for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers.
* Brocade shares rise 9 pct, Broadcom up 1.5 pct (Adds comments from CFO interview)
* Brocade communications systems - upon termination of merger agreement under specified circumstances, co to pay broadcom termination fee of $195 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
* Broadcom Limited to acquire Brocade Communications Systems Inc for $5.9 billion
Nov 2 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.
SAN FRANCISCO - Chipmaker Broadcom Ltd is nearing a deal to acquire network gear maker Brocade Communications Systems Inc in a deal that could be announced later this week, people familiar with the matter said on Tuesday.
* Broadcom would plan to divest Brocade's IP networking unit-sources
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