• The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
Menu
  • The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
  • Brocade to Buy McDATA for $713 Million

    August 21, 2006 Alex Woodie

    Brocade Communications Systems, a manufacturer of switches used in storage area networks (SANs), plans to buy rival McDATA in an all-stock transaction valued at $713 million.

    Michael Klayko, CEO for San Jose, California-based Brocade, said the acquisition of McDATA will build on Brocade’s vision for the next-generation data center. “This combination will accelerate the pace of innovation, enable us to build stronger relationships with our customers and partners, and provide greater scale and efficiencies to accelerate our growth,” Klayko says.

    John Kelley, chairman, president, and CEO of Broomfield, Colorado-based McDATA, says the deal benefits customers and investors. “For our customers, it provides the investment protection and a clear path to next-generation data center products and technologies,” he says.

    The companies say the merger will bolster their profitability–possibly by as much as $100 million within a year–by pooling their resources and eliminating redundancies, although the companies didn’t discuss specifics relating to headcount reductions. The companies also need to explain the converged product roadmap going forward.

    The transaction has been unanimously approved by the boards of directors of both companies, and could be completed as soon as Brocade’s first fiscal quarter of 2007, which ends January 31, 2007.

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Tags: Tags: mtfh_rc, Volume 15, Number 33 -- August 21, 2006

    Sponsored by
    ARCAD Software

    Embrace VS Code for IBM i Development

    The IBM i development landscape is evolving with modern tools that enhance efficiency and collaboration. Ready to make the move to VS Code for IBM i?

    Join us for this webinar where we’ll showcase how VS Code can serve as a powerful editor for native IBM i code and explore the essential extensions that make it possible.

    In this session, you’ll discover:

    • How ARCAD’s integration with VS Code provides deep metadata insights, allowing developers to assess the impact of their changes upfront.
    • The role of Git in enabling seamless collaboration between developers using tools like SEU, RDi, and VS Code.
    • Powerful extensions for code quality, security, impact analysis, smart build, and automated RPG conversion to Free Form.
    • How non-IBM i developers can now contribute to IBM i projects without prior knowledge of its specifics, while ensuring full control over their changes.

    The future of IBM i development is here. Let ARCAD be your guide!

    Watch Now

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    The PC at 25: If I Had a Time Machine, I Would Make One Small Change Quick Query Over a Database File

    Leave a Reply Cancel reply

TFH Volume: 15 Issue: 33

This Issue Sponsored By

    Table of Contents

    • Vanguard Systems, Document Imaging Solutions Merge
    • SaaS Is Real: Salesforce.com Boasts of 500,000 Subscribers
    • AMR Research Says HCM and CRM Markets Are Growing Faster than ERP
    • WebSphere Wears Enterprise Portal Software Crown Again
    • Brocade to Buy McDATA for $713 Million
    • Vanguard Systems, Document Imaging Solutions Merge
    • IBM to Spend $100 Million in 2006 to Drive Express Offerings at SMB Shops
    • The X Factor: Database Appliances Come Around Again
    • ERP Software: Its Effect on Performance and Productivity, Part 2
    • Does the Size of Your IT Supplier Really Matter?

    Content archive

    • The Four Hundred
    • Four Hundred Stuff
    • Four Hundred Guru

    Recent Posts

    • Liam Allan Shares What’s Coming Next With Code For IBM i
    • From Stable To Scalable: Visual LANSA 16 Powers IBM i Growth – Launching July 8
    • VS Code Will Be The Heart Of The Modern IBM i Platform
    • The AS/400: A 37-Year-Old Dog That Loves To Learn New Tricks
    • IBM i PTF Guide, Volume 27, Number 25
    • Meet The Next Gen Of IBMers Helping To Build IBM i
    • Looks Like IBM Is Building A Linux-Like PASE For IBM i After All
    • Will Independent IBM i Clouds Survive PowerVS?
    • Now, IBM Is Jacking Up Hardware Maintenance Prices
    • IBM i PTF Guide, Volume 27, Number 24

    Subscribe

    To get news from IT Jungle sent to your inbox every week, subscribe to our newsletter.

    Pages

    • About Us
    • Contact
    • Contributors
    • Four Hundred Monitor
    • IBM i PTF Guide
    • Media Kit
    • Subscribe

    Search

    Copyright © 2025 IT Jungle