Broadcom are among the most likely customers, Brocade Communications

According to a source that references familiar with the situation of the informants, who requested anonymity, Brocade Communications Systems talks about its sale. Allegedly, the negotiations are close to completion, so the deal could be announced this week.

Among the most probable buyers of large network equipment manufacturer and related company Broadcom. However, the agreement has not been signed yet, so the name of the buyer is unknown.

On standing at the end of last week, the market value of Brocade was approximately $ 3.5 billion. The company has approximately $ 1.2 billion, and its liabilities amount to $ 1.5 billion.

Broadcom’s market value is estimated at 67 billion dollars, and the company’s turnover last year amounted to 2.3 billion dollars.

Source: Bloomberg


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