Broadcom Completes Brocade Acquisition  

Broadcom Limited, a semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, has completed its acquisition of Brocade Communications Systems, Inc. Brocade's common stock will now cease to be traded on NASDAQ. Brocade will operate as an indirect subsidiary of Broadcom.

The acquisition strengthens Broadcom's position as a provider of enterprise storage and networking solutions, said Hock Tan, president and CEO of Broadcom. "We intend to invest in and grow the Brocade business to further enhance its capabilities in mission-critical storage networking."

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