◂ Announcements

Nov 2, 2016ACQUISITIONUnited States

Broadcom to acquire Brocade Communications for $5.9 billion

Broadcom has agreed to buy Brocade Communications for $5.9 billion, including $5.5 billion in cash and $400 million of net debt, to strengthen its semiconductor and networking offerings.

Value

$5.90B

Status

Announced

Productssemiconductorsdata-storage equipmentnetworking equipment

CompaniesBroadcom acquirer Brocade Communications target

Sectors#Semiconductors and Industrial Electronics

“Broadcom has agreed to buy Brocade Communications for $5.9 billion.”businessinsider.com

1 source
businessinsider.comBroadcom Buys Brocade Communications - Business InsiderAkin OyedeleNov 2, 2016

Summarized from public sources; check the original articles before acting on it.

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Broadcom to acquire Brocade Communications for $5.9 billion · Endata