Arris to buy Ruckus Wireless for USD 800 million

Thursday 23 February 2017 | 08:52 CET | News
Broadcom announced an agreement to sell Ruckus Wireless and the Brocade ICX switch business to Arris for USD 800 million. The sale comes less than a year after Brocade acquired Ruckus for nearly twice the price. Broadcom said it wants to focus on quickly integrating Brocade's Fibre Channel SAN business once it completes the Brocade acquisition. The deal gives Arris a new line of business serving the enterprise market. The company plans to set up dedicated business unit for wireless networking and wired switching technology, led by the current Ruckus COO, Dan Rabinovitsj. The takeover is

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Categories: Mobile & Wireless
Companies: Arris / Broadcom / Brocade / Ruckus Wireless
Countries: World
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