Brocade ceo backdating


07-Dec-2019 08:49

Brocade hardware products include Fibre Channel storage area network (SAN) directors and switches; ultra-low-latency data center switches; Ethernet fabrics, Federal and enterprise Ethernet (LAN/WLAN) switches; WAN (Internet) routers; application delivery controllers (load balancers); Fibre Channel fabric extension switches; embedded Fibre Channel and Ethernet switch blades; Fibre Channel host bus adapters (HBAs); converged Fibre Channel/Ethernet network adapters (CNAs), and Ethernet transceivers.

Other hardware solutions Brocade also sells software-based networking devices including technology for SDN, Network virtualization, virtual routers, virtual firewalls, virtual Application Delivery Controllers (load balancers), network security appliances and VPNs through its wholly owned subsidiary, Vyatta.

Brocade introduced also its first multiprotocol Fibre Channel router, the Silk Worm 7420.

Brocade also acquired Rhapsody Networks (a SAN virtualization startup company).

On initial public offering (IPO), the company offered 3,250,000 shares, with an additional 487,500 shares offered to the underwriters to cover over-allotments.

The top three underwriters (based on number of shares) for Brocade's IPO were, in order, Morgan Stanley Dean Witter, BT Alex. Brocade stock traded in the National Market System of the NASDAQ GS stock market under the ticker symbol BRCD.

On May 25, 1999, the company went public at a split-adjusted price of .75.

Offerings included routers and network switches for data center, campus and carrier environments, IP and Fibre Channel storage network fabrics; Network Functions Virtualization (NFV) and software-defined networking (SDN) markets such as a commercial edition of the Open Daylight Project controller; and network management software that spans physical and virtual devices.

On November 2, 2016, Singapore-based chip maker Broadcom Limited announced it was buying Brocade for about .5 billion.

BLOOM introduced increased throughput of 2 Gbit/s instead of 1 Gbit/s.

Brocade integrated BLOOM into its first "pure" director, the Silk Worm 12000, in April 2002.The Bloom ASIC also introduced a notable capability of frame-level Fibre Channel trunking, which provided high throughput with load balancing across multiple cables.