M&A Deal Summary

Brocade Communications Systems Acquires Foundry Networks

On July 21, 2008, Brocade Communications Systems acquired technology hardware company Foundry Networks for 3.0B USD

Acquisition Highlights
  • This is Brocade Communications Systems’ 2nd transaction in the Technology Hardware sector.
  • This is Brocade Communications Systems’ largest (disclosed) transaction.
  • This is Brocade Communications Systems’ 7th transaction in the United States.
  • This is Brocade Communications Systems’ 3rd transaction in California.

M&A Deal Summary
Date 2008-07-21
Target Foundry Networks
Sector Technology Hardware
Buyer(s) Brocade Communications Systems
Deal Type Add-on Acquisition
Deal Value 3.0B USD

Target

Foundry Networks

Santa Clara, California, United States
Foundry Networks is a provider of network switching and routing solutions. Foundry was founded in 1996 and has approximately 1100 employees.

Search 193,724 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Brocade Communications Systems

San Jose, California, United States

website

Category Company
Founded 1995
Sector Technology Hardware
Employees4,724
Revenue 2.3B USD (2015)
DESCRIPTION
Entrance to Brocade's corporate headquarters in San Jose, California.
Entrance to Brocade's corporate headquarters in San Jose, California.

Brocade Communications Systems, Inc. is a supplier of networking hardware, software, and services, including Storage Area Networking solutions and Internet Protocol Networking solutions for businesses and organizations of various types and sizes. Brocade’s end customers include global enterprises and other organizations that use the Company’s products and services as part of their communications infrastructure and service providers, such as telecommunication firms, cable operators, and mobile carriers, that use the Company’s products and services as part of their commercial operations. Brocade offers a line of networking hardware and software products and services that enable businesses and organizations to make their data centers and networks more efficient, reliable, and adaptable to the changing demands of new network traffic patterns and volumes. Brocade Communications Systems, Inc. was established in 1995 and is headquartered in San Jose, California.

DEAL STATS #
Overall 7 of 11
Sector (Technology Hardware) 2 of 3
Type (Add-on Acquisition) 7 of 11
State (California) 3 of 7
Country (United States) 7 of 11
Year (2008) 2 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-04 Strategic Business Systems

Herndon, Virginia, United States

Strategic Business Systems is a provider of IT professional services for medium-size and large enterprises in both the commercial and federal government sectors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-05 Vyatta

Belmont, California, United States

Vyatta is a provider of networking industry innovator through its software-based network operating system that is highly relevant for multiple applications in network virtualization, software-defined networking (SDN) and private/public cloud computing platforms.

Buy -
Mergr

Product

Company

Legal