Broadcom Co-Founder Arrested On Drug Charges in Vegas
Nicholas stepped down as chief executive of Broadcom in 2003.
Nicholas stepped down as chief executive of Broadcom in 2003.
Reacting to the news, analyst Michael Finneran said, “Why not buy a pizza company?”
451 Research’s Brenon Daly calls the Broadcom-Qualcomm presidential order an “overreach.”
Ruckus will operate as an Arris business unit with its own engineering, sales and marketing resources focused on the enterprise market.
Some 308 Brocade workers will be losing their jobs in San Jose, with the first workers leaving Jan. 19.
Brocade will be led by Jack Rondoni, previously its senior vice president of storage networking.
Brocade’s acquisition of Broadcom originally was set to close by Nov. 1.
A channel-led organization, Ruckus continues to focus on improving its relationship with its partners.
Extreme Networks CEO Ed Meyercord says the data center business is profitable and will increase Extreme’s margins.
Following the close of Broadcom’s $5.9 billion acquisition of Brocade, Arris is expected to close on its buy of the company’s Ruckus Wireless and ICX Switch business.
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