|
|||||||
| Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.) |
![]() |
|
|
Thread Tools |
|
|
#1 |
|
DriverHeaven Extreme Member
Join Date: Apr 2004
Posts: 7,275
Rep Power: 89 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Brocade to acquire Foundry Networks
Brocade announced it plans to acquire Foundry Networks, in a deal valued at approximately $3 billion.
Under the agreement, Brocade will pay a combination of $18.50 of cash plus 0.0907 shares of Brocade common stock in exchange for each share of Foundry common stock, for a total value of $19.25 per share, the two companies said in a joint press release issued Monday. ______________ Source: Wireless Blog (News.com) |
|
|
|
![]() |
| Thread Tools | |
|
|