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Foundry Networks

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.

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 ...

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.

Reactions to Brocade-Foundry deal
Jul. 24, 2008
As the impact of the news this week that Brocade Communications Systems will be acquiring Foundry Networks sank in, it drew a wide range of reactions - even just at Network World.

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.

Brocade gets loan to fund Foundry buyout
Oct. 08, 2008
Brocade Communications Systems on Tuesday secured a $1.1 billion loan to fund its acquisition of Foundry Networks despite a tightening of credit markets amid the Wall Street meltdown.

Advanced switching grabs Interop New York spotlight
Sep. 15, 2008
Switching will take center stage at this week's Interop New York conference, where vendors such as Foundry Networks, Enterasys Networks and Force 10 Networks will roll out new and enhanced products in defiance of a ...

Foundry airs Gigabit Ethernet workgroup switches
Sep. 15, 2008
Foundry Networks this week at Interop New York is unveiling a switching line for small and midsize businesses, branch offices and distributed enterprise workgroups, plus stackables and stacking upgrades for existing ...

Foundry supports Microsoft Hyper-V
Sep. 08, 2008
Foundry Networks this week announced support for Microsoft's Windows Server 2008 Hyper-V virtualization software.   Foundry supports Microsoft Hyper-V Combined Foundry/Microsoft package will compete more directly ...

Foundry unveils line of Carrier Ethernet switches
Aug. 26, 2008
Foundry Networks this week unleashed a series of Carrier Ethernet edge/aggregation switches designed to scale Ethernet services while reducing the burden on MPLS routers.

IBM Tivoli manager supports Foundry
Aug. 13, 2008
Foundry Networks this week unveiled out-of-the-box integration with IBM Tivoli Netcool software for its switching and routing customers.

Smart move: Brocade buys Foundry
Jul. 29, 2008
Brocade's recent acquisition of Foundry Networks for $3 billion should raise the market's interest in Fibre Channel over Ethernet (FCoE).

Moving to that dee-luxe studio in the sky
Jul. 25, 2008
Moving to that dee-luxe studio in the sky

Brocade: Gunning for Cisco
Jul. 24, 2008
Brocade: Gunning for Cisco

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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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