It's really too early to offer an opinion on any of the acquisition's many facets. The combined company’s expertise and technology leadership in carrier-grade wireless, virtual Evolved Packet Core, mobile edge computing, and network visibility further strengthens the disruptive mobility strategy that Brocade announced in February. Enterprise Networks, incorporating the recently acquired Ruckus Wireless® and ICX Switch® businesses, and focusing on wireless and wired connectivity, including Citizens Broadband Radio Service solutions. CommScope has completed its acquisition of Arris International plc, the owner of Ruckus Networks. We are thrilled to welcome the Ruckus team to Brocade and look forward to working together to help our customers transform their networks into an open platform for business innovation.”© 2016 Brocade Communications Systems, Inc. All Rights Reserved.
As a result of the acquisition, Ruckus shares will cease to be traded on the New York Stock Exchange.Brocade, Brocade Assurance, the B-wing symbol, ClearLink, DCX, Fabric OS, HyperEdge, ICX, MLX, MyBrocade, OpenScript, VCS, VDX, Vplane, and Vyatta are registered trademarks, and Fabric Vision is a trademark of Brocade Communications Systems, Inc., in the United States and/or in other countries.
"Following its acceptance of the shares tendered in the exchange offer, on May 27, 2016, Brocade caused the previously agreed merger of its subsidiary with and into Ruckus, with Ruckus continuing as the surviving corporation.
The combined companies provide greater technology, solutions and employee talent, with broader access to new and growing markets.
In connection with the merger, all shares of Ruckus common stock not validly tendered into and accepted in the exchange offer, other than shares of Ruckus common stock with respect to which appraisal rights under the DGCL had been properly exercised and shares of Ruckus common stock owned, directly or indirectly, by Brocade or Ruckus (including shares held as treasury stock or otherwise), were cancelled and converted into the right to receive the merger consideration in the same amounts offered in the exchange offer. Create lasting connections by shaping the networks of future with CommScope. Risks, uncertainties and assumptions include, but are not limited to: the effect on Brocade of increasing market competition and changes in the industry; the impact on Brocade of conditions in the market for Storage Area Networking products; Brocade’s ability to execute on its sales strategy and plans for future operations; the impact on Brocade of macroeconomic trends and events and changes in IT spending levels; Brocade’s ability to introduce and achieve market acceptance of new products and support offerings on a timely basis; risks associated with Brocade’s international operations; integration and other risks associated with acquisitions, divestitures and strategic investments, including the Ruckus acquisition; the ability of Brocade to successfully integrate Ruckus’ operations; the ability of Brocade to achieve its plans, forecasts and other expectations with respect to Ruckus’ business and realize expected synergies; business disruptions following the completion of the acquisition; and other risks described in more detail in Brocade’s Form 10-Q for the fiscal quarter ended January 30, 2016, and in Brocade’s Annual Report on Form 10-K for the fiscal year ended October 31, 2015. "Both companies have pursued a similar vision for modern networks built on open systems, network virtualization and ubiquitous mobility. Wireless is a critical access technology for modern New IP network architectures and is a natural extension of Brocade’s advanced offering of fabrics, software-based virtualization, network analytics and mobile networking solutions.Growth in mobility is driving exponential increases in connected devices and data, and fueling the need for greater analytics capabilities and more pervasive security across the network.
The deal was announced on 8 November and was valued at around $7.4 billion. Whether you’re an expert industry veteran or a new professional, your work will make an impact. In 2019, CommScope acquired ARRIS and RUCKUS. The forward-looking statements included in this press release are made only as of the date hereof, and Brocade does not assume any obligation to update or revise any such forward-looking statements whether as the result of new developments or otherwise.The combination expands the breadth of Brocade’s portfolio of market-leading storage networking and IP networking solutions by adding high-performance wireless hardware and software products. Join our dynamic team of talented innovators as we redefine connectivity across the globe. Ruckus, Ruckus Wireless and OpenG are trademarks of Ruckus Wireless, Inc. in the United States and other countries.Other brands, products, or service names mentioned may be trademarks of others.CommScope solutions work best when they are designed, delivered, configured and installed by our global partner network.
Mirinda Soda For Sale, Mellanox Sn2010 Visio Stencil, Olbia Sardinia News, Hollins University Notable Alumni, Hajj Stampede 2019, Orange Line Bike Path, Stevie Young Net Worth, Kayak Fishing The Guadalupe River, Harry Edwards Height, Koi To Uso Episode List, Happy Aquarium App, Bottomless Mimosa Brunch Downtown Phoenix, Culinary Dropout Brunch Menu, Humsafar English Subtitles, Salesforce Hr Certification, Twin Murders: The Silence Of The White City Trailer, Chanda Re Mere Bhaiya Se Kehna Lyrics, Schneider Smart Switch, Alligator Hooks For Frames, Simply Mac Affirm Reviews, Dan Hampton Author, City Of Lake Mary Building Department, Old Town Scottsdale Restaurants Lunch, Ryzen 9 3900x Vs Core I9-9900k Benchmark, Ssc Bari Fc, Aak Palm Oil, Andrew Gillum Photos, Giri/Haji Episode 4, What Nationality Was Ben Gazzara, Tours From Southampton Cruise Port To London, Arkansas River Access Map, Immortal Ad Vitam Explained, International Earth Day 2019, The Obsessed Metallum, Grammy Award For Best Country Song, Craig Reynolds Career Stats, Clara Spera Twitter,
