Ruckus Wireless Inc (RKUS) 12.87 $RKUS Brocade
Post# of 273257
Posted On: 09/05/2016 9:13:25 PM
Ruckus Wireless Inc (RKUS) 12.87 $RKUS
Brocade Reports Fiscal Q3 2016 Results
Marketwire Canada - Thu Aug 25, 4:18PM CDT
SAN JOSE, CA--(Marketwired - Aug 25, 2016) - Brocade® (NASDAQ: BRCD) today reported financial results for its third fiscal quarter ended July 30, 2016. These results include approximately two months of financial results from Ruckus Wireless, which was acquired on May 27, 2016. Brocade reported third quarter revenue of $591 million, up 7% year-over-year and up 13% quarter-over-quarter. The Company reported GAAP diluted earnings per share (EPS) of $0.02, down from $0.21 in Q3 2015 and from $0.11 in Q2 2016. The year-over-year and sequential declines in GAAP EPS were primarily the result of acquisition-related items, including the lower gross margin associated with acquired inventory and deferred revenue, acquisition and integration costs, and increases in the amortization of intangible assets and stock-based compensation. These items were partially offset by the favorable resolution of a tax audit. Non-GAAP diluted EPS was $0.21 for Q3 2016, down 21% year-over-year and down 2% quarter-over-quarter. The year-over-year decline in non-GAAP EPS was primarily due to the acquisition-related purchase accounting adjustments, unfavorable revenue mix, and higher operating expenses.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
There's a New Cloud in Town
PR Newswire - Thu Aug 11, 10:00AM CDT
Back in the day, we only thought of clouds as big, white, fluffy objects in the sky that held a large collection of tiny droplets of water or ice crystals. When full, the clouds release those tiny droplets, known as rain. Obviously that kind of cloud still exists but that's old news. For a while now, there's been a new type of Cloud in town, and instead of holding water, it holds data--lots of data!
RKUS: 12.87 (+0.15)
FINAL DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Ruckus Wireless, Inc. (RKUS) and Lead Plaintiff Deadline: August 1, 2016
ACCESSWIRE - Fri Jul 29, 3:39PM CDT
NEW YORK, NY / ACCESSWIRE / July 29, 2016 / Bronstein, Gewirtz & Grossman, LLC, reminds investors of class action against Ruckus Wireless, Inc. ("Ruckus"
(NYSE: RKUS). The class action has been filed in the United States District Court, Northern District of California, on behalf of a class consisting of all persons or entities who purchased Ruckus common stock on April 28, 2016, in connection with the proposed acquisition of Ruckus by Brocade Communications Systems, Inc. ("Brocade" .
RKUS: 12.87 (+0.15)
Ruckus Wireless Selected by AccorHotels as Preferred Wi-Fi Partner, Reaching 4,000+ Properties Worldwide
PR Newswire - Mon Jun 20, 7:00AM CDT
(HITEC - Booth 426) Today, at the Hospitality Industry Technology Exposition & Conference (HITEC), taking place this week at Ernest N. Morial convention center in New Orleans, Ruckus Wireless, Inc. announced it has been selected as the preferred Wi-Fi partner by AccorHotels. Through the collaboration, Ruckus will update AccorHotels' Wi-Fi technology and infrastructure to help ensure high performance for both customers and hotels, enable future developments, and intensify the strength of AccorHotels' digital services.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
Brocade Announces Employment Inducement Awards in Connection With Acquisition of Ruckus Wireless, Inc.
Marketwire Canada - Fri Jun 10, 7:00AM CDT
SAN JOSE, CA--(Marketwired - Jun 10, 2016) - Brocade Communications Systems, Inc. (NASDAQ: BRCD) today announced that in connection with Brocade's recently completed acquisition of Ruckus Wireless, Inc., on June 6, 2016, the Compensation Committee of Brocade's Board of Directors granted an aggregate of 2,339,000 Brocade restricted stock units to 194 employees of the Ruckus Wireless Business Unit of Brocade. The equity awards were granted under the Brocade Communications Systems, Inc. Amended and Restated Inducement Award Plan and as a material inducement to such individuals entering into employment with the Brocade group of companies, in accordance with NASDAQ Listing Rule 5635(c)(4). The awards vest over three years subject to such employees remaining active service providers to the Brocade group of companies through each vesting date.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Ruckus Wireless, Inc. (RKUS)
PR Newswire - Thu Jun 09, 9:00AM CDT
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, notifies investors of class action against Ruckus Wireless, Inc. ("Ruckus" (NYSE: RKUS). The class action has been filed in the United States District Court, Northern District of California, on behalf of a class consisting of all persons or entities who purchased Ruckus common stock on April 28, 2016, in connection with the proposed acquisition of Ruckus by Brocade Communications Systems, Inc. ("Brocade" .
RKUS: 12.87 (+0.15)
Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Ruckus Wireless, Inc.
PR Newswire - Fri Jun 03, 3:23PM CDT
Robbins Geller Rudman & Dowd LLP ("Robbins Geller" (http://www.rgrdlaw.com/cases/ruckus/) today announced that a class action has been commenced on behalf of holders of Ruckus Wireless, Inc. ("Ruckus" (NASDAQ:RKUS) common stock on April 28, 2016, in connection with the proposed acquisition of Ruckus by Brocade Communications Systems, Inc. ("Brocade" . This action was filed in the Northern District of California and is captioned Hussey v. Ruckus Wireless, Inc., et al., No. 16-cv-02991.
RKUS: 12.87 (+0.15)
Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Ruckus Wireless, Inc.
PR Newswire - Tue May 31, 4:00PM CDT
Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court of Delaware, case no. 1:16-cv-00340, on behalf of shareholders of Ruckus Wireless, Inc. ("Ruckus" or the "Company" (NYSE: RKUS) who hold Ruckus securities and have been harmed by Ruckus's and its board of directors' (the "Board" alleged violations of Sections 14(d)(4), 14(e), and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act" in connection with the proposed sale of the Company to Brocade Communications Systems, Inc. ("Brocade" .
RKUS: 12.87 (+0.15)
Ruckus Wireless Expands Wave 2 Portfolio
PR Newswire - Tue May 31, 7:00AM CDT
Ruckus Wireless(TM), Inc., now part of Brocade (NASDAQ: BRCD), today launched two new wireless access points (APs) and upgraded management software that double Wi-Fi client density and data rates over previous generations, while improving the wireless experience for retail, hospitality, education, enterprise and service provider customers.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
TransDigm Group Set to Join the S&P 500; Helen of Troy and Brocade Communications Systems to Join S&P MidCap 400; Team and MDC Holdings to Join S&P SmallCap 600
PR Newswire - Fri May 27, 4:50PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
HELE: 91.20 (+0.89), SPGI: 125.43 (+1.49), TISI: 31.74 (+0.32), BIN.TO: 41.40 (-0.68), MDC: 25.87 (+0.13), SHPG: 192.37 (+3.87), TDG: 288.36 (+0.95), WCN: 78.49 (+0.69), BIN: 31.61 (-1.16), BXLT: 46.02 (-0.18), RKUS: 12.87 (+0.15), BRCD: 9.02 (-0.04)
Brocade Completes Acquisition of Ruckus Wireless
Marketwire Canada - Fri May 27, 8:09AM CDT
SAN JOSE, CA--(Marketwired - May 27, 2016) - Brocade (NASDAQ: BRCD) today announced that it has completed its acquisition of Sunnyvale, Calif.-based Ruckus Wireless™. This represents an important step in Brocade's strategic vision to build a pure-play networking company that supports the rapidly evolving requirements of the digital transformation era.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
Why Brocade Communications Systems, Inc. Stock Plunged 11.5% Today
Steve Symington, The Motley Fool - Motley Fool - Mon May 02, 8:58PM CDT
IMAGE SOURCE: Brocade Communications Systems. What: Shares of Brocade Communications Systems fell 11.5% Monday after the company issued disappointing preliminary quarterly results. So what: For its fiscal second quarter ended April 30,...
RKUS: 12.87 (+0.15), BRCD: 9.02 (-0.04)
Ruckus Wireless Inc. Acquisition May Not Be in the Best Interests of RKUS Shareholders
PR Newswire - Tue Apr 12, 12:28PM CDT
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Ruckus Wireless Inc. ("RKUS" or the "Company" in connection with the proposed acquisition of the Company by Brocade Communications Systems, Inc. ("Brocade" . On April 4, 2016, the Company announced it had reached a definitive agreement for Brocade to acquire all outstanding shares of RKUS in a transaction valued at approximately $1.5 billion. Under the terms of the agreement, RKUS shareholders will receive $6.45 in cash and 0.75 of a share of Brocade for each RKUS shares they own, representing a per share value of $13.34 based on Brocade's April 4 closing price.
JCS: 5.60 (-0.06), RKUS: 12.87 (+0.15)
Hotwire Grows into Middle East through Exclusive Partnerships with Active FZ LLC
PRWeb - Tue Apr 12, 8:10AM CDT
Hotwire PR, the global PR and communications consultancy, has announced that it has entered into an exclusive co-branded partnership with Dubai based Active (Digital. Marketing. Communications). The agreement sees Hotwire extend its global network of offices to twelve and is part of its strategy to offer clients pan-regional communications support and global opportunities for its staff. Active becomes the second of Hotwire's global network of affiliates to join its exclusive co-branded partnership scheme, following on from Amsterdam based Yellow Communications.
REV: 36.09 (+0.37), XRX: 9.89 (+0.02), RKUS: 12.87 (+0.15)
RUCKUS SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Ruckus Wireless, Inc. (RKUS) Over the Proposed Sale of the Company to Brocade Communications Systems, Inc.
BusinessWire - Fri Apr 08, 3:12PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Ruckus Wireless, Inc. ("Ruckus" or the "Company" (NYSE:RKUS) for potential breaches of fiduciary duties in connection with the sale of the Company to Brocade Communications Systems, Inc. ("Brocade" for approximately $1.5 billion.
RKUS: 12.87 (+0.15)
SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of Ruckus Wireless, Inc. - RKUS
PR Newswire - Fri Apr 08, 2:43PM CDT
Pomerantz LLP is investigating claims on behalf of investors of Ruckus Wireless, Inc. ("Ruckus" or the "Company" (NYSE: RKUS) (ISIN: US0781220100) (CUSIP: 078122010) concerning the proposed acquisition of Ruckus Wireless by Brocade Communications Systems, Inc. or ("Brocade" .
JCS: 5.60 (-0.06), RKUS: 12.87 (+0.15)
INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Ruckus Wireless, Inc. and Encourages Investors to Contact the Firm for Additional Information
BusinessWire - Fri Apr 08, 12:05PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, announces that it is investigating potential legal claims against the board of directors of Ruckus Wireless, Inc. ("Ruckus" or the "Company" (NYSE: RKUS) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Brocade Communications Systems, Inc., in a transaction valued at approximately $1.5 billion.
JCS: 5.60 (-0.06), RKUS: 12.87 (+0.15)
Brocade Reports Fiscal Q3 2016 Results
Marketwire Canada - Thu Aug 25, 4:18PM CDT
SAN JOSE, CA--(Marketwired - Aug 25, 2016) - Brocade® (NASDAQ: BRCD) today reported financial results for its third fiscal quarter ended July 30, 2016. These results include approximately two months of financial results from Ruckus Wireless, which was acquired on May 27, 2016. Brocade reported third quarter revenue of $591 million, up 7% year-over-year and up 13% quarter-over-quarter. The Company reported GAAP diluted earnings per share (EPS) of $0.02, down from $0.21 in Q3 2015 and from $0.11 in Q2 2016. The year-over-year and sequential declines in GAAP EPS were primarily the result of acquisition-related items, including the lower gross margin associated with acquired inventory and deferred revenue, acquisition and integration costs, and increases in the amortization of intangible assets and stock-based compensation. These items were partially offset by the favorable resolution of a tax audit. Non-GAAP diluted EPS was $0.21 for Q3 2016, down 21% year-over-year and down 2% quarter-over-quarter. The year-over-year decline in non-GAAP EPS was primarily due to the acquisition-related purchase accounting adjustments, unfavorable revenue mix, and higher operating expenses.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
There's a New Cloud in Town
PR Newswire - Thu Aug 11, 10:00AM CDT
Back in the day, we only thought of clouds as big, white, fluffy objects in the sky that held a large collection of tiny droplets of water or ice crystals. When full, the clouds release those tiny droplets, known as rain. Obviously that kind of cloud still exists but that's old news. For a while now, there's been a new type of Cloud in town, and instead of holding water, it holds data--lots of data!
RKUS: 12.87 (+0.15)
FINAL DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Ruckus Wireless, Inc. (RKUS) and Lead Plaintiff Deadline: August 1, 2016
ACCESSWIRE - Fri Jul 29, 3:39PM CDT
NEW YORK, NY / ACCESSWIRE / July 29, 2016 / Bronstein, Gewirtz & Grossman, LLC, reminds investors of class action against Ruckus Wireless, Inc. ("Ruckus"
(NYSE: RKUS). The class action has been filed in the United States District Court, Northern District of California, on behalf of a class consisting of all persons or entities who purchased Ruckus common stock on April 28, 2016, in connection with the proposed acquisition of Ruckus by Brocade Communications Systems, Inc. ("Brocade" . RKUS: 12.87 (+0.15)
Ruckus Wireless Selected by AccorHotels as Preferred Wi-Fi Partner, Reaching 4,000+ Properties Worldwide
PR Newswire - Mon Jun 20, 7:00AM CDT
(HITEC - Booth 426) Today, at the Hospitality Industry Technology Exposition & Conference (HITEC), taking place this week at Ernest N. Morial convention center in New Orleans, Ruckus Wireless, Inc. announced it has been selected as the preferred Wi-Fi partner by AccorHotels. Through the collaboration, Ruckus will update AccorHotels' Wi-Fi technology and infrastructure to help ensure high performance for both customers and hotels, enable future developments, and intensify the strength of AccorHotels' digital services.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
Brocade Announces Employment Inducement Awards in Connection With Acquisition of Ruckus Wireless, Inc.
Marketwire Canada - Fri Jun 10, 7:00AM CDT
SAN JOSE, CA--(Marketwired - Jun 10, 2016) - Brocade Communications Systems, Inc. (NASDAQ: BRCD) today announced that in connection with Brocade's recently completed acquisition of Ruckus Wireless, Inc., on June 6, 2016, the Compensation Committee of Brocade's Board of Directors granted an aggregate of 2,339,000 Brocade restricted stock units to 194 employees of the Ruckus Wireless Business Unit of Brocade. The equity awards were granted under the Brocade Communications Systems, Inc. Amended and Restated Inducement Award Plan and as a material inducement to such individuals entering into employment with the Brocade group of companies, in accordance with NASDAQ Listing Rule 5635(c)(4). The awards vest over three years subject to such employees remaining active service providers to the Brocade group of companies through each vesting date.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Ruckus Wireless, Inc. (RKUS)
PR Newswire - Thu Jun 09, 9:00AM CDT
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, notifies investors of class action against Ruckus Wireless, Inc. ("Ruckus"
(NYSE: RKUS). The class action has been filed in the United States District Court, Northern District of California, on behalf of a class consisting of all persons or entities who purchased Ruckus common stock on April 28, 2016, in connection with the proposed acquisition of Ruckus by Brocade Communications Systems, Inc. ("Brocade" . RKUS: 12.87 (+0.15)
Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Ruckus Wireless, Inc.
PR Newswire - Fri Jun 03, 3:23PM CDT
Robbins Geller Rudman & Dowd LLP ("Robbins Geller"
(http://www.rgrdlaw.com/cases/ruckus/) today announced that a class action has been commenced on behalf of holders of Ruckus Wireless, Inc. ("Ruckus" (NASDAQ:RKUS) common stock on April 28, 2016, in connection with the proposed acquisition of Ruckus by Brocade Communications Systems, Inc. ("Brocade" . This action was filed in the Northern District of California and is captioned Hussey v. Ruckus Wireless, Inc., et al., No. 16-cv-02991. RKUS: 12.87 (+0.15)
Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Ruckus Wireless, Inc.
PR Newswire - Tue May 31, 4:00PM CDT
Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court of Delaware, case no. 1:16-cv-00340, on behalf of shareholders of Ruckus Wireless, Inc. ("Ruckus" or the "Company"
(NYSE: RKUS) who hold Ruckus securities and have been harmed by Ruckus's and its board of directors' (the "Board" alleged violations of Sections 14(d)(4), 14(e), and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act" in connection with the proposed sale of the Company to Brocade Communications Systems, Inc. ("Brocade" . RKUS: 12.87 (+0.15)
Ruckus Wireless Expands Wave 2 Portfolio
PR Newswire - Tue May 31, 7:00AM CDT
Ruckus Wireless(TM), Inc., now part of Brocade (NASDAQ: BRCD), today launched two new wireless access points (APs) and upgraded management software that double Wi-Fi client density and data rates over previous generations, while improving the wireless experience for retail, hospitality, education, enterprise and service provider customers.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
TransDigm Group Set to Join the S&P 500; Helen of Troy and Brocade Communications Systems to Join S&P MidCap 400; Team and MDC Holdings to Join S&P SmallCap 600
PR Newswire - Fri May 27, 4:50PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
HELE: 91.20 (+0.89), SPGI: 125.43 (+1.49), TISI: 31.74 (+0.32), BIN.TO: 41.40 (-0.68), MDC: 25.87 (+0.13), SHPG: 192.37 (+3.87), TDG: 288.36 (+0.95), WCN: 78.49 (+0.69), BIN: 31.61 (-1.16), BXLT: 46.02 (-0.18), RKUS: 12.87 (+0.15), BRCD: 9.02 (-0.04)
Brocade Completes Acquisition of Ruckus Wireless
Marketwire Canada - Fri May 27, 8:09AM CDT
SAN JOSE, CA--(Marketwired - May 27, 2016) - Brocade (NASDAQ: BRCD) today announced that it has completed its acquisition of Sunnyvale, Calif.-based Ruckus Wireless™. This represents an important step in Brocade's strategic vision to build a pure-play networking company that supports the rapidly evolving requirements of the digital transformation era.
BRCD: 9.02 (-0.04), RKUS: 12.87 (+0.15)
Why Brocade Communications Systems, Inc. Stock Plunged 11.5% Today
Steve Symington, The Motley Fool - Motley Fool - Mon May 02, 8:58PM CDT
IMAGE SOURCE: Brocade Communications Systems. What: Shares of Brocade Communications Systems fell 11.5% Monday after the company issued disappointing preliminary quarterly results. So what: For its fiscal second quarter ended April 30,...
RKUS: 12.87 (+0.15), BRCD: 9.02 (-0.04)
Ruckus Wireless Inc. Acquisition May Not Be in the Best Interests of RKUS Shareholders
PR Newswire - Tue Apr 12, 12:28PM CDT
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Ruckus Wireless Inc. ("RKUS" or the "Company"
in connection with the proposed acquisition of the Company by Brocade Communications Systems, Inc. ("Brocade" . On April 4, 2016, the Company announced it had reached a definitive agreement for Brocade to acquire all outstanding shares of RKUS in a transaction valued at approximately $1.5 billion. Under the terms of the agreement, RKUS shareholders will receive $6.45 in cash and 0.75 of a share of Brocade for each RKUS shares they own, representing a per share value of $13.34 based on Brocade's April 4 closing price. JCS: 5.60 (-0.06), RKUS: 12.87 (+0.15)
Hotwire Grows into Middle East through Exclusive Partnerships with Active FZ LLC
PRWeb - Tue Apr 12, 8:10AM CDT
Hotwire PR, the global PR and communications consultancy, has announced that it has entered into an exclusive co-branded partnership with Dubai based Active (Digital. Marketing. Communications). The agreement sees Hotwire extend its global network of offices to twelve and is part of its strategy to offer clients pan-regional communications support and global opportunities for its staff. Active becomes the second of Hotwire's global network of affiliates to join its exclusive co-branded partnership scheme, following on from Amsterdam based Yellow Communications.
REV: 36.09 (+0.37), XRX: 9.89 (+0.02), RKUS: 12.87 (+0.15)
RUCKUS SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Ruckus Wireless, Inc. (RKUS) Over the Proposed Sale of the Company to Brocade Communications Systems, Inc.
BusinessWire - Fri Apr 08, 3:12PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Ruckus Wireless, Inc. ("Ruckus" or the "Company"
(NYSE:RKUS) for potential breaches of fiduciary duties in connection with the sale of the Company to Brocade Communications Systems, Inc. ("Brocade" for approximately $1.5 billion. RKUS: 12.87 (+0.15)
SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of Ruckus Wireless, Inc. - RKUS
PR Newswire - Fri Apr 08, 2:43PM CDT
Pomerantz LLP is investigating claims on behalf of investors of Ruckus Wireless, Inc. ("Ruckus" or the "Company"
(NYSE: RKUS) (ISIN: US0781220100) (CUSIP: 078122010) concerning the proposed acquisition of Ruckus Wireless by Brocade Communications Systems, Inc. or ("Brocade" . JCS: 5.60 (-0.06), RKUS: 12.87 (+0.15)
INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Ruckus Wireless, Inc. and Encourages Investors to Contact the Firm for Additional Information
BusinessWire - Fri Apr 08, 12:05PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, announces that it is investigating potential legal claims against the board of directors of Ruckus Wireless, Inc. ("Ruckus" or the "Company"
(NYSE: RKUS) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Brocade Communications Systems, Inc., in a transaction valued at approximately $1.5 billion. JCS: 5.60 (-0.06), RKUS: 12.87 (+0.15)
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