The Top 10 Acquisitions In Networking So Far In 2017
Submitted by Mark Haranas on
2. Ruckus Wireless Heads To Arris
Purchase Price: $800 million
After months of searching for a home for Ruckus Wireless, which Brocade bought for $1.2 billion in 2016, partners were relieved to learn that Arris International would be acquiring Ruckus along with Brocade's ICX Switch product line for $800 million. In an interview with CRN, Arris CEO Bruce McClelland said he plans to operate Ruckus and the ICX line as a "dedicated business unit" operating relatively independently within Arris.
"We had heard that many of our partners were in a wait-and-see mode because where would [Ruckus] end up?" said Brocade channel chief Sandra Glaser Cheek in an interview with CRN. "Now that we know where we're going and it's going to a very well-funded, large company – we all feel super confident that we have a good home now."