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Brocade to buy Foundry for US$3 billion

Brocade to buy Foundry for US$3 billion

Storage networking company Brocade has agreed to buy Foundry Networks for about US$3 billion.

Storage networking company Brocade Communications Systems has agreed to acquire enterprise LAN vendor Foundry Networks for approximately US$3 billion, the companies announced Monday.

(More to come.)


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