Printer Friendly

Brocade to buy software networking specialist Vyatta.

M2 EQUITYBITES-November 6, 2012-Brocade to buy software networking specialist Vyatta(C)2012 M2 COMMUNICATIONS http://www.m2.com

6 November 2012 - US networking equipment supplier Brocade Communications System Inc (NASDAQ:BRCD) said it would take over local provider of network routing, security software and hardware appliances Vyatta Inc in an all-cash deal whose value remained undisclosed.

The purchase of the Belmont, California-based company is seen to close by the end of the year. Upon completion, the target company will be incorporated into Brocade's Software Networking Business unit.

The move adds to Brocade's strategy to invest in research and development of Ethernet and software-defined networking (SDN) computer networking technologies and is expected to open fresh opportunities in the field of data centre visualisation, public cloud, enterprise virtual private cloud and managed services, its CEO Mike Klayko said.

The acquisition will also complement the buyer's software marketing technology, which is deemed a key component of future network visualisation.

Vyatta is the creator of the industry's first and sole platform-independent network operating system, the Vyatta Network OS. The buyer now plans to make use of the technology to provide customers with the opportunity to accelerate deployment and reduce development cycles in their networks.

For Vyatta, the acquisition will translate into a broader customer base and a rounded data center and networking solutions delivery, the target's chief executive Kelly Herrell said.

((Comments on this story may be sent to info@m2.com)).END.PUB430>PDNovember 6, 2012>JNM2 EQUITYBITES.PRICEDATENOT APPLICABLE.DAY

COPYRIGHT 2012 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Nov 6, 2012
Words:248
Previous Article:TCS awarded Global Tactical Advanced Communication Systems and Services contract.
Next Article:INNOViON to buy ion implant service unit from Core Systems.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters