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Wednesday, October 8, 2008
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Brocade acquires Foundry; Implicit Networks lawsuit




Storage networking company Brocade Communications has agreed to acquire enterprise local-area-network vendor Foundry Networks for approximately $3 billion, the companies announced yesterday; IBM, Oracle, SAP and Adobe Systems are the latest targets of patent lawsuits filed by Implicit Networks on July 15, Bloomberg News reports. (4:35)

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