M&A Deal Summary

Pulse Secure Acquires Brocade Communications Systems - Virtual Application Delivery Controller Business

On June 1, 2017, Pulse Secure acquired technology hardware company Brocade Communications Systems - Virtual Application Delivery Controller Business from Brocade Communications Systems

Acquisition Highlights
  • This is Pulse Secure’s 1st transaction in the Technology Hardware sector.
  • This is Pulse Secure’s 2nd transaction in the United States.

M&A Deal Summary

Date 2017-06-01
Target Brocade Communications Systems - Virtual Application Delivery Controller Business
Sector Technology Hardware
Buyer(s) Pulse Secure
Sellers(s) Brocade Communications Systems
Deal Type Divestiture

Target

Brocade Communications Systems - Virtual Application Delivery Controller Business

United States
Brocade Communications Systems, Inc. - Virtual Application Delivery Controller (vADC) Business provides users with Secure Access to the resources they need, especially as applications have evolved from on premise to virtualized, hybrid, mobile, and web/cloud environments, combined with an explosion in device types and access locations.

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Buyer(S) 1

Buyer

Pulse Secure

San Jose, California, United States

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Pulse Secure LLC provides easy, comprehensive software-driven Secure Access solutions for people, devices, things, and services that improve visibility, protection, and productivity for our customers. Pulse Secure LLC suites and SaaS platform uniquely integrate cloud, mobile, application, and network access to enable hybrid IT in a Zero Trust world. Over 24,000 enterprises and service providers across every vertical entrust Pulse Secure to empower their mobile workforce to securely access applications and information in the data center and cloud while ensuring business compliance.


DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 MobileSpaces

Washington, District of Columbia, United States

MobileSpaces, Inc. is a provider of security solutions for mobile applications and businesses.

Buy -

Seller(S) 1

SELLER

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 2 of 4
Sector: Technology Hardware M&A 2 of 2
Type: Divestiture M&A Deals 2 of 4
Country: United States M&A 2 of 4
Year: 2017 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-22 Brocade Communications Systems - Ruckus Wireless and ICX Switch Business

San Jose, California, United States

Brocade Communications Systems, Inc. - Ruckus Wireless and ICX Switch Business is a provider of communication equipment in US.

Sell $800M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-02 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.

Sell -