After announcing their acquisition of Ruckus Wireless last month, Brocade has just announced that they have finalized the $1.2 billion deal. Brocade targeted Ruckus in order to complete enhance their evolution towards supporting the future requirements of the digital transformation era.
The absorption of Ruckus will expand Brocade’s portfolio of storage networking and IP networking solutions by adding high-performance wireless hardware and software products. Wireless is a critical access technology for modern New IP network architectures and is a natural extension of Brocade’s offering of fabrics, software-based virtualization, network analytics and mobile networking solutions.
“The combined company will be able to deliver superior focus and speed of innovation and best-in-class solutions spanning the full spectrum of networking,” said Lloyd Carney, Brocade CEO. “Our combined world-class portfolio now provides customers with greater flexibility in meeting today’s infrastructure requirements, including high performance, flexible, secure access 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.”
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 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. It also positions the company to provide differentiated solutions and scale-out capabilities in support of emerging opportunities, such as OpenG™ technology and 5G services, Internet of Things (IoT), and smart cities.
“Together, Ruckus and Brocade create a unique and exemplary leader in networking across the global market,” said Selina Lo, CEO, Ruckus Wireless Business Unit at Brocade. Both companies have pursued a similar vision for modern networks built on open systems, network virtualization and ubiquitous mobility. Our combined product portfolio offers numerous leverage points for continuous integration and innovation in the future. The Ruckus team is excited to join Brocade to drive our roadmap further and to jointly deliver innovative, value-added solutions that fulfill the wired and wireless needs of our customers.”