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Brocade to buy Ruckus Wireless for about $1.2 billion
2016-04-04 17:07:40| Wireless - Topix.net
Brocade said Monday that it plans to buy Ruckus Wireless for about $1.2 billion, in a deal that will help it offer Wi-Fi services to its customers. Brocade offers network services to its clients, while Ruckus builds Wi-Fi networks.
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Brocade to acquire Ruckus Wireless for USD 1.5 billion
2016-04-04 15:19:00| Telecompaper Headlines
(Telecompaper) Brocade Communications has announced an agreement to acquire Wi-Fi equipment maker Ruckus Wireless in a cash and stocks deal worth around USD 1.5 billion. In a joint statement, Brocade and Ruckus said the transaction had been approved by both companies' boards of directors and Ruckus shareholders will receive USD 6.45 in cash and 0.75 shares of Brocade common stock for each share of Ruckus common stock. Brocade said the acquisition will serve to complement its enterprise networking portfolio, allowing it to build a networking company for the digital transformation era. "The combination of Brocade and Ruckus creates a new type of pure-play networking company, with solutions spanning from the heart of the data centre to the wireless network edge," said Brocade.
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Alaska Air buys Virgin America for $2.6 billion
2016-04-04 14:40:40| Oil & Gas - Topix.net
Alaska Air Group has agreed to buy Virgin America for $2.6 billion, the airlines said. Alaska Air said it will pay $57 per share, sending stock in Virgin America up 36% in premarket trading.
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Alaska Air buys Virgin America for $2.6 billion
2016-04-04 14:35:24| Energy - Topix.net
Alaska Air Group has agreed to buy Virgin America for $2.6 billion, the airlines said. Alaska Air said it will pay $57 per share, sending stock in Virgin America up 36% in premarket trading.
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america
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alaska
Alaska Air buying Virgin America airline in deal worth $4 billion
2016-04-04 13:45:17| Airlines - Topix.net
Alaska Air Group Inc. is buying Virgin America in a deal worth more than $2 billion, creating a powerhouse airline with an expanded West Coast presence. Alaska Air will pay $57 in cash per Virgin share.
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