brocade communications sys (BRCD) Key Developments
Brocade Communications Systems, Inc. Presents at Piper Jaffray Technology, Media and Telecommunications Conference 2015, Mar-11-2015 09:00 AM
Mar 5 15
Brocade Communications Systems, Inc. Presents at Piper Jaffray Technology, Media and Telecommunications Conference 2015, Mar-11-2015 09:00 AM. Venue: Le Parker Meridien, 119 West 56th Street, New York, NY 10019, United States. Speakers: Jason Nolet, Senior Vice President of Switching, Routing and Analytics Products Group.
Trunk Networks Selects Brocade to Help it Future-Proof Network Infrastructure
Feb 25 15
Trunk Networks announced that it has chosen Brocade to help it future-proof its infrastructure in anticipation of major increases in customer data and traffic flows. The deployment will be based on the company MLX Series core routers, which are designed to deliver scale and performance, high reliability and operational efficiency for the most demanding network environments. With a customer-focused portfolio of services designed to be a one-stop shop for IT services, Trunk Networks needed a network that would be able to cope with the future needs of its customers. Anticipating a significant increase in data volumes - with some predicting that global data volumes will grow from tenfold between 2013 and 2020 - as a result of business growth and changing customer requirements, in particular an increased preference for cloud-based software and applications, Trunk wanted to increase capacity and improve the performance of the network in order to future proof its infrastructure. A longstanding the company customer, Trunk's existing network was made up of NetIron CER compact routers and ICX stackable switches, which had been in place for several years. The new, chosen solution involved replacing half the network with the Brocade MLX Series core routers, and enhancing the remaining NetIron CERs in some sites with 10 Gigabit Ethernet (GbE) interfaces, interconnected across the entire estate. Trunk Networks has been able to dramatically increase its bandwidth capacity and provide greater speed and performance for its hosted, cloud and ISP services. In 2015 Trunk Networks will continue to upgrade its network with the addition of load balancers and has plans to expand its metro area network and pod sites by creating and consolidating dark fiber links between London data centers.
Brocade Communications Systems, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended January 31, 2015
Feb 19 15
Brocade Communications Systems, Inc. reported unaudited consolidated earnings results for the first quarter ended January 31, 2015. For the quarter, the company reported total net revenues of $576,239,000 compared to $564,535,000 a year ago. Income from operations was $139,405,000 compared to $121,490,000 a year ago. Income before income tax was $113,422,000 compared to $110,958,000 a year ago. Net income was $87,267,000 compared to $80,884,000 a year ago. Basic and diluted net income per share was $0.20 compared to $0.18 a year ago. Net cash provided by operating activities was $10,393,000 compared to $109,469,000 a year ago. Purchases of property and equipment were $16,514,000 compared to $12,966,000 a year ago. Purchase of intangible assets was $7,750,000. Non-GAAP operating income was $164,262,000 compared to $157,756,000 a year ago. Non-GAAP net income was $118,425,000 compared to $108,784,000 a year ago. Non-GAAP net income per share diluted was $0.27 compared to $0.24 a year ago.
Brocade Communications Systems, Inc. Declares Quarterly Cash Dividend, Payable on April 2, 2015
Feb 19 15
The Brocade Communications Systems, Inc. Board of Directors has declared a quarterly cash dividend of $0.035 per share of the company's common stock. The dividend payment will be made on April 2, 2015, to stockholders of record at the close of market on March 10, 2015.
Brocade Unveils First IP Storage Switch for EMC Connectrix
Feb 12 15
Brocade has expanded its longstanding OEM relationship with EMC Corporation by adding Brocade VCS™ Ethernet fabric solutions to EMC's Connectrix® family of network switches, creating the industry's first network switch designed for IP storage. Available now, the Connectrix VDX-6740B IP storage switch establishes a resilient, agile and easily-deployed foundation for EMC storage, cloud, deduplication and backup and recovery systems. EMC customers will deploy the new switch to separate IP storage traffic from other data traffic, a more reliable and efficient approach compared to legacy deployments where storage traffic and all other network traffic share the same network infrastructure. The Connectrix VDX-6740B is a high performance, low latency IP storage switch that provides connectivity for a broad array of EMC high-end and mid-range NAS and iSCSI storage platforms. The new switch redefines agility with superior automation and simplicity, achieved through zero-touch, self-forming fabrics. Connectrix VDX solutions are integrated with Connectrix Manager Converged Network Edition (CMCNE), which provides unified management, monitoring and diagnostics for both IP and fibre channel storage networks. Integration with EMC Storage Analytics software delivers actionable performance analysis and enables customers to quickly identify and resolve performance and capacity issues.