Broadcom buys a nice bit of Brocade

Stefan Mileschin · 3rd November 2016, 14:38

You can never get enough brocade and it never goes out of style

Chipmaker Broadcom said it would buy Brocade Communications for $5.5 billion.

The deal will push Broadcom deeper into the fast-growing market for network equipment used in data centres and give it a larger share of the data centre products market.

While it sounds like a Milanese fashion house Brocade makes fibre channel switches that speed up data transfer between servers and storage devices. Broadcom,is known for its connectivity chips used in products ranging from mobiles to servers.

All this makes sense. According to beancounters at IDC, the market for IT infrastructure products is expected to expand rapidly. Total spending on cloud infrastructure, including server, storage and ethernet switches, will increase by 15.5 percent to $37.1 billion in 2016

http://fudzilla.com/news/42017-broad...bit-of-brocade

3rd November 2016, 14:38	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,541	Broadcom buys a nice bit of Brocade You can never get enough brocade and it never goes out of style Chipmaker Broadcom said it would buy Brocade Communications for $5.5 billion. The deal will push Broadcom deeper into the fast-growing market for network equipment used in data centres and give it a larger share of the data centre products market. While it sounds like a Milanese fashion house Brocade makes fibre channel switches that speed up data transfer between servers and storage devices. Broadcom,is known for its connectivity chips used in products ranging from mobiles to servers. All this makes sense. According to beancounters at IDC, the market for IT infrastructure products is expected to expand rapidly. Total spending on cloud infrastructure, including server, storage and ethernet switches, will increase by 15.5 percent to $37.1 billion in 2016 http://fudzilla.com/news/42017-broad...bit-of-brocade

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