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Last $12.11 USD
Change Today +0.015 / 0.12%
Volume 3.8M
BRCD On Other Exchanges
Symbol
Exchange
BRCD is not on other exchanges.
As of 8:10 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

brocade communications sys (BRCD) Key Developments

Brocade Communications Looking To Acquire Mobile Technology Firms In India

Brocade Communications Systems, Inc. (NasdaqGS:BRCD), which is investing $300 million in India, is actively scouting for mobile technology firms in the country to acquire, chief executive Lloyd Carney said. "Last two that we acquired have over 80% of their R&D in India. We are not only looking at India as a development engine to fuel our home-grown technology but also for acquisitions. We are looking at India as a source of technology," Carney told The Economic Times.

Brocade Communications Looking To Acquire Mobile Technology Firms In India

Brocade Communications Systems, Inc. (NasdaqGS:BRCD), which is investing $300 million in India, is actively scouting for mobile technology firms in the country to acquire, chief executive Lloyd Carney said. "Last two that we acquired have over 80% of their R&D in India. We are not only looking at India as a development engine to fuel our home-grown technology but also for acquisitions. We are looking at India as a source of technology," Carney told The Economic Times.

Brocade Opens New Development Center in Bangalore

Brocade announced the opening of a new development center in Bangalore, and stated it will invest USD 300 million in India over the next five years. The new center reaffirms Brocade's commitment to accelerating growth in one of the world's fastest-growing economies, and will play an important role in the development of networking innovations based on the New IP architecture. The center will enable Brocade India to showcase proofs-of-concept and pilot projects for customers and partners-while contributing to the development of next-generation, fabric-based and software networking solutions. The center will also work closely with Brocade technology and solution partners and networking industry thought leaders across India, enabling the company to achieve greater penetration in industry verticals such as service providers, media, banking and finance, education, and the public sector. The new 157,000 square foot Brocade Bangalore Development Center features modern work environments, engineering labs and a customer demonstration, briefing, and training center. The LEED Gold-certified building is energy-efficient, making extensive use of green products and water efficiency.

CoxHealth Selects Brocade(R) Networking Equipment and Services

Brocade announced that CoxHealth has selected Brocade(r) networking equipment and services to provide its five hospitals and 83 clinics with a highly reliable IT network infrastructure that improves patient care, and into the era of the New IP. With the goal of shifting from a flat, unreliable Layer 2 network built on disparate vendor solutions, the Springfield, Missouri-based healthcare provider required a networking solution that could be deployed across the Wide Area Network (WAN). This meant a solution spanning from the core, aggregation, and edge layers all the way to the Storage Area Network (SAN) in the data center, with simplified management throughout. CoxHealth selected Brocade technologies to fulfill each of these needs, also citing outstanding customer service and cost-savings opportunities as influential in the decision. CoxHealth selected Brocade because of a desire to have a more agile, Software-Defined Networking (SDN)-ready New IP network to improve mobile data access to clinical applications, imaging, voice, video, and business intelligence platforms. The network must comprehensively support the healthcare system's vision of efficiently serving more than one million patient visits each year, across the clinics and the emergency departments. With help from Brocade, the CoxHealth IT team has increased network availability from two-nines to four-nines of uptime, greatly reducing disruptions. Users now experience faster access to their Picture Archiving and Communication System (PACS)-a medical imaging technology where image loading times are down from 40 seconds to just two seconds. CoxHealth has also successfully integrated a third-party wireless LAN to deliver a consistent user experience everywhere in the system. CoxHealth leverages Brocade ICX(r) Switches for both aggregation and network access, Brocade MLX(r) Routers for carrier-class core routing, a Brocade DCX(r) Backbone for the SAN, and Brocade VDX(r) Switches in the development and lab testing network. CoxHealth also leverages Brocade Network Advisor to provide a single pane of glass to manage and support the entire Brocade IP and SAN portfolio, for unified network visibility and control.

Brocade Communications Systems, Inc. Expands the Effortless Network Strategy

Brocade Communications Systems, Inc. expanded the effortless network strategy With New Campus Lan -Innovations. New enterprise stackable Brocade ICX 7250 Switch allows organizations to easily scale to address increasing campus bandwidth demands. Brocade HyperEdge Architecture Switch Port Extender will provide further network scale and automation with shared services and management consolidation for Brocade ICX switches. Brocade ICX product family extends SDN support with new OpenFlow 1.3 switches Brocade announced new innovations to its campus Local Area Network (LAN) switch family to help organizations realize the vision of The Effortless Network(r) and build the foundation for the New IP. The new Brocade(r) ICX(r) 7250 switch delivers the industry's high 10 Gigabit Ethernet (GbE) port density for any switch in its class to address the onslaught of user video and wireless traffic that is taxing campus networks.

 

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BRCD

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Valuation BRCD Industry Range
Price/Earnings 21.9x
Price/Sales 2.3x
Price/Book 2.1x
Price/Cash Flow 20.8x
TEV/Sales 1.2x
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