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As part of this transaction, Brocade and QLogic have committed to work together closely to affirm their commitment to the storage area networking industry, collaborate on the development of the next generation Gen 6 Fibre Channel technology, and strengthen the Fibre Channel vendor ecosystem for the benefit of mutual customers.
Brocade and QLogic did not disclose the financial terms of the sale, citing non-materiality for either company's business. This divestiture includes the entire Brocade network adapter product portfolio:
· Brocade 1860 Fabric Adapters
· Brocade 815/825 and 415/425 Fibre Channel Host Bus Adapters, or HBAs
· Brocade 1010/1020 Converged Network Adapters, or CNAs
· HBA and CNA mezzanine adapters for select OEM partners
"This transaction continues the execution of our business strategy, which will further enable Brocade to focus on core networking technologies in the data center in order to better serve our customers and partners and to drive better value for our shareholders," said Ken Cheng, chief technology officer and vice president of Corporate Development and Emerging Business at Brocade. "This transaction also benefits our customers through the two companies firmly committing to the success of the current Gen 5 Fibre Channel technology as well as Gen 6 technology, which is now in development."
