Skip to main content

Cisco secretly planning to buy Brocade?

LightReading covering this:

The move would make some tactical sense. It would boost Cisco's standing in storage networking and would also keep Foundry out of Brocade's hands. Brocade is hoping its $3 billion purchase of Foundry will make it an Ethernet/storage powerhouse to rival Cisco, or at least Juniper Networks Inc. (Nasdaq: JNPR - message board). (See Brocade Takes Aim at Cisco (& Juniper).)

Moreover, Brocade would come at a discounted price. Shares are still down about 12 percent since the company announced the 40 percent premium it would pay for Foundry, and its stock is down 25 percent from a 52-week high of $9.61 set on Halloween.

Then again, maybe it's just a sign that Cisco acquisition rumors are back in season. Talk of a deal with EMC Corp. (NYSE: EMC - message board) was making the rounds just weeks ago.

That talk might be fueled by a relative slump in orders that, come October, will have dogged Cisco for a full year. The company is still growing, but in single digits, compared with the 12 to 17 percent range that CEO John Chambers continues to target. (See Cisco: Economic Troubles Aren't Over.)


Source

Comments

Popular posts from this blog

DeepLearningTrucker Part 1

Redhot Future Of IT Part I :Marketing yourself as IT professional

I had promised about the "RedHot IT Future Series" and so we discuss here how you should market yourself EFFECTIVELY as an IT professional in this new (and dangerous) web age! Web is the place where you're a hero today and villain tomorrow. While there are lots of professionals who are active on the web, not all are enjoying a good reputation as they got "personal" with others and got into a cockfight. The passive IT professional has nothing to lose but nothing to gain at all!

I know "marketing" might seem as a greasy term but the idea is to have the truth about you out there. You know you're a good person and your family knows that you're really smart person but the rest of the world doesn't!

So the question is how do I market myself on the web as a true "nouveau IT professional". A guy who companies will be tempted to pick up the phone as say "Hey, we wanna talk with you. Can you fly over to Palo Alto (or Guatemala or Johan…

Avastu Blog is migrating to IdeationCloud.com; 1st Jan 2009 live

YOU DON'T HAVE TO DO ANYTHING. WITHIN 2 SECONDS YOU WILL BE REDIRECTED TO THE NEW HOME OF AVASTU BLOG. PLEASE DO UPDATE AVASTU BLOG'S URL to : http://www.ideationcloud.com on your website.

I will send out emails personally to those who are using my link(s) on their sites.

Thanks much for your co-operation and hope you enjoy the new site and its cool new features :-)




Not like the site is unlive or something..on the contrary, its beginning to get a lot of attention already. Well most of the work is done, you don't have to worry about anything though:

What won't change

Links/Referrals: I will be redirecting the links (all links which you may have cross-posted) to IdeationCloud.com - so you don't have to do anything in all your posts and links. Although, I would urge however that you do change the permalinks, especially on your blogs etc yourselfThis blog is not going away anywhere but within a few months, I will consider discontinuing its usage. I won't obviously do …