Merger of storage networking company Brocade and enterprise LAN vendor Foundry gives users an alternative to Cisco with reach all the way from the Internet to datacenters Storage networking company ...

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

IFS reported steep net losses in 2023 with an expectation for 2024 losses to be greater; however, initial foundry investment is inherently expensive. Intel's growth potential in the foundry industry ...

While the broader Dow Jones Industrial Average ($DOWI) is trading at all-time highs, semiconductor giant Intel (INTC) is trailing the broader markets by a wide margin ...

The deal announced Monday represents an attempt by San Jose-based Brocade to expand beyond data storage equipment and begin selling machines used to shuttle Internet traffic, Cisco's home turf.

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

NEW YORK, July 21 (Reuters) - Brocade Communications Systems Inc plans to buy data equipment maker Foundry Networks Inc for around $3 billion to bulk up its product line, a move seen helping it ...

TAIPEI (Reuters) - Major chip foundries are sharing the pain of the semiconductor sector's worst ever downturn and, with little sign of near-term recovery in demand for computers, mobile phones and ...