Brocade has put itself up for sale, according to a report this Monday in the Wall Street Journal. The company with a $3.2 billion valuation is being shopped by Frank Quattrone of the Qatalyst Group, who is famous for brokering the acquisition of Data Domain by EMC. Possible suitors include HP and Oracle.
For sale: Cisco data center rival Brocade
In 2008, Brocade acquired Foundry Networks to extend its capabilities into the Ethernet switch space. The company offers an
array of Fibre Channel, iSCSI and Gigabit Ethernet switches, as well as Fibre Channel over Ethernet host bus adapters.
Continued
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