Brocade to acquire McDATA
This is hilarious. A few years ago when I started at IBM, I knew a guy who worked for Inrange. A few months later, he worked for CNT after CNT acquired Inrange for $190 million. I went back to school, and when I came back, he then worked for McDATA when they acquired CNT for $235 million. Now, it appears as if Brocade Communications is acquiring McDATA for $735 million. It looks like they want to be more competitive with Cisco Systems. So, just to recap Inrange -> CNT -> McDATA -> Brocade. A few years ago, that would've been all of the major fibre channel switch vendors — now all under the Brocade name.
View: BROCADE COMMUNICATIONS SYSTEMS, INC. TO ACQUIRE MCDATA CORPORATION