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General

Arris may buy Brocade network edge business - report

Tuesday 17 January 2017 | 08:55 CET | News
Set-top box maker Arris is looking to take over Brocade's networking equipment operations for up to USD 1 billion, Reuters reported, citing sources familiar with the matter. The parties are in talks around a deal that would enable Arris to offer high-end mobile broadband devices to customers and ensure that Broadcom, which agreed to buy Brocade in November, will not own a business that competes with its top clients, such as Cisco Systems. Brocade is in discussion with a number of companies about the operations and there is no certainty at this point that Arris will prevail, the sources said,

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Categories: General
Companies: Arris / Broadcom / Brocade / Cisco
Countries: World
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