Foundry Networks
Extreme treads water
Oct. 26, 2009
Extreme Networks this week finds itself with wounded revenues, an interim CEO, and doubts about its future.
What would a Brocade sale mean?
Oct. 07, 2009
What would a Brocade sale mean?
What has changed for Brocade?
Oct. 05, 2009
The news that data center networking vendor Brocade is shopping itself around is startling, given where the company was just a little over a year ago.
For sale: Cisco data center rival Brocade
Oct. 05, 2009
Brocade has reportedly put itself up for sale, a development that portends significant consolidation within the data center IT industry.
IBM to resell Brocade's Foundry switches
Apr. 28, 2009
Brocade has extended an OEM relationship with IBM to include its recently acquired Foundry switches in a deal that appears to be in retaliation for Cisco's recent entry into the blade server market.
Brocade's new CTO takes aim at Cisco
Jan. 23, 2009
Dave Stevens is in his second go-round as CTO of Brocade, but this time the company has much bigger aspirations.
Intel rattles cage over AMD's Foundry deal
Jan. 23, 2009
Intel has asked for a meeting with Advanced Micro Devices to discuss how its formation of The Foundry Co. may affect long-standing cross-licensing agreements between the two companies, AMD said in a regulatory filing ...
Foundry joins Brocade without founder Johnson
Dec. 19, 2008
Brocade Communications on Friday completed its acquisition of Foundry Networks, a deal that brings a solid Ethernet LAN company into a giant of storage-area networks.
New York transfers $650M of incentives to AMD spinoff
Dec. 18, 2008
New York's Empire State Development Co. and Public Authorities Control Board voted to approve plans to transfer $650 million worth of incentives to Advanced Micro Devices' manufacturing spinoff, The Foundry Co.
Foundry stockholders OK merger with Brocade
Dec. 17, 2008
Foundry Networks stockholders approved the company's merger with Brocade at a special meeting held Dec. 17. The $2.6 billion union is one of the network industry's biggest this year.
AMD rallies in effort to reinvent itself
Dec. 17, 2008
Next year will be critical for Advanced Micro Devices, as the chip company pursues two major initiatives designed to reverse its financial losses and compete better with industry leader Intel.
Top 10 Ethernet switching stories of 2008
Dec. 16, 2008
In terms of significant announcements, 2008 did not disappoint in Ethernet switching: Juniper entered the market, Cisco unveiled its next-generation platform, and other major vendors consolidated. It will be hard for ...
Tech industry's biggest M&A deals of 2008
Dec. 10, 2008
A recap of 2008's top technology M&A deals, featuring HP, Microsoft, AT&T, Oracle and others.
Foundry's 'out' option in Brocade deal is almost up
Nov. 18, 2008
Eleven days after it was allowed to do so, Foundry Networks has until Friday to seek or consider offers from buyers other than Brocade Communications.
Foundry, Citrix, Akamai face off on application delivery options
Nov. 04, 2008
Webtorials, in a joint venture with Layland Consulting, recently issued the 2008 version of the "Application Delivery Challenge" (available at Webtorials). As stated by Layland President Robin Layland, "The data center ...
Foundry could postpone Brocade vote yet again
Oct. 31, 2008
Foundry Networks says a shareholder vote on its amended deal to be acquired by Brocade could be further delayed.
Brocade, Foundry lower price of merger
Oct. 30, 2008
Brocade Communications and Foundry Networks this week said they have agreed to amend their July merger agreement to reduce the price Brocade will pay for the network equipment company.
ATT upgrades to 40G; Foundry postpones Brocade vote
Oct. 27, 2008
ATT upgrades to 40G; Foundry postpones Brocade vote
Foundry postpones vote on Brocade deal, stock plunges
Oct. 24, 2008
Foundry Networks stock closed down over 25% Friday after the company said it is postponing a shareholder vote on its merger with Brocade.
IBM resells Foundry switches (now owned by Brocade) to counter Cisco | NetworkWorld.com ...
Apr. 28, 2009
Brocade posts $26 million quarterly loss, record revenues | NetworkWorld.com Community
Feb. 20, 2009
Recapping the long and bumpy road leading to the Brocade - Foundry Networks merger | ...
Dec. 18, 2008
Brocade CEO: Everywhere Cisco is now, Brocade will be there! | NetworkWorld.com Community
Nov. 20, 2008
Foundry profile
Overview
2005 NW200 rank: 95
2004 NW200 rank: 92
Revenue
| Total '05 revenue (in $M) |
|
404 |
| '04-'05 revenue change |
|
-1% |
| '01-'05 CAGR revenue |
|
7% |
Profit
| Profit or loss (in $M) |
|
56 |
| Change from '04 |
|
17 |
| As percentage of revenue 14 |
|
14 |
| CAGR, '01-'05 |
|
110 |
Employees
| Number of employees |
|
732 |
| '04 - '05 change |
|
11
|
| Revenue per employee |
|
551776 |
Misc.
| Mkt Cap as of 3/19/05 ($M) |
|
2430 |
| Cash/investments ($M) |
|
|
| Year inc. |
|
1996 |
| Fiscal year ends |
|
Dec |
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