Broadcom to buy Brocade for $5.9bn

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Broadcom to buy Brocade for $5.9bn

Acquisitive Broadcom buys Brocade for its storage technology, but will look for a buyer for Ruckus Wireless

Semiconductor giant Broadcom is to buy networking equipment specialist Brocade in a deal valued at $5.9bn, intended to strengthen Broadcom's presence in the storage hardware sector. The all-cash deal...

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