Brocade Communications Systems Inc (BRCD.OQ)
23 Feb 2017
* 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:
* Brocade Communications Systems Inc - first quarter revenue of $581 million, up 1% year-over-year and down 12% quarter-over-quarter
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.
* Brocade Communications Systems-on feb 3, 2017, co, broadcom got a request for additional information from FTC relating to merger - sec filing
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.
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.
Nov 4 U.S. companies eager to pull the trigger on large leveraged acquisitions before the end of the year are looking beyond next Tuesday's presidential election in a bid to take advantage of investors' need for new deals after a glut of refinancings in recent months.
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)
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