M&A Deal Summary

Brocade Communications Systems Acquires McDATA

On August 8, 2006, Brocade Communications Systems acquired information technology company McDATA for 713M USD

Acquisition Highlights
  • This is Brocade Communications Systems’ 1st transaction in the Information Technology sector.
  • This is Brocade Communications Systems’ 3rd largest (disclosed) transaction.
  • This is Brocade Communications Systems’ 4th transaction in the United States.
  • This is Brocade Communications Systems’ 1st transaction in Colorado.

M&A Deal Summary
Date 2006-08-08
Target McDATA
Sector Information Technology
Buyer(s) Brocade Communications Systems
Deal Type Add-on Acquisition
Deal Value 713M USD

Target

McDATA

Broomfield, Colorado, United States
McDATA is a provider of data access solutions, helping customers build, globally connect, optimize and centrally manage data infrastructures across SAN, MAN and WAN environments.

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Buyer(S) 1

Buyer

Brocade Communications Systems

San Jose, California, United States
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 4 of 11
Sector (Information Technology) 1 of 4
Type (Add-on Acquisition) 4 of 11
State (Colorado) 1 of 1
Country (United States) 4 of 11
Year (2006) 2 of 2
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-06 NuView

Houston, Texas, United States

NuView is a provider of enterprise file data management solutions that simplify the management of distributed file storage. NuView delivers enterprise software that makes it easier for companies to manage and secure their information while reducing the cost and complexity of networked data management.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-08 Silverback Systems

Campbell, California, United States

Silverback Systems, Inc. is a provider of network acceleration technologies. Silverback develops network processors that help to accelerate the speed and performance of storage traffic in networked storage environments.

Buy -
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