News

Former Brocade CEO Guilty of Backdating. This is the first conviction of an executive in crackdown on option backdating. By ABC News. August 8, 2007, 8:00 AM ...
Brocade maintains that it still has a large amount of cash in the bank, $658m, after a $200m share buy-back. "We have money for acquisitions," said Phillips.
Broadcom and Brocade Communication Systems, technology companies that have been trying to complete a $5.5 billion tie-up since last year, have agreed to push back the deal-closing deadline to ...
Broadcom, Ltd bought Brocade Communications Systems today for $5.9 billion, giving the company a strong offering in networking storage business.. It’s quite a nice deal for Brocade shareholders ...
This just in: Brocade Communications has agreed to pay $160 million to plaintiffs to settle a federal securities class-action lawsuit related to stock-options backdating. Here's the story, from ...