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Brocade Communications Systems Inc (BRCD.OQ)

BRCD.OQ on NASDAQ Stock Exchange Global Select Market

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Wed, Mar 29 2017

BRIEF-Extreme Networks to acquire Brocade's data center networking business

* Extreme Networks to acquire Brocade's data center networking business

BRIEF-Brocade Communications's CEO Carney's 2016 total compensation $6.1 mln

* Brocade Communications Systems Inc - CEO Lloyd A. Carney's 2016 total compensation was $6.1 million versus $8.4 million in 2015 - SEC filing Source text: (http://bit.ly/2l5iWMd) Further company coverage:

BRIEF-Brocade Communications Systems reports quarterly 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

Arris nears deal to acquire Brocade's networking business -sources

Feb 21 Set-top box maker Arris International Plc is nearing a deal to acquire Brocade Communications Systems Inc's networking equipment business for roughly $1 billion, people familiar with the matter said on Tuesday.

BRIEF-Broadcom receives request for more merger information from FTC - SEC filing

* Brocade Communications Systems-on feb 3, 2017, co, broadcom got a request for additional information from FTC relating to merger - sec filing

Arris in bid for Brocade network unit: sources

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.

Arris in bid for Brocade network unit -sources

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.

Exclusive: Broadcom lines up $6.5 billion bridge loan for Brocade buy

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 to buy network gear maker Brocade for $5.5 billion

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.

UPDATE 6-Chipmaker Broadcom to buy network gear maker Brocade for $5.5 bln

* Brocade shares rise 9 pct, Broadcom up 1.5 pct (Adds comments from CFO interview)

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