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Arris to pay $800m to buy Ruckus from Broadcom/Brocade

As widely anticipated, cable supplier Arris is to acquire Ruckus Wireless when the carrier WiFi firm’s current owner, Brocade, is taken over by Broadcom later this year. Brocade/Broadcom will not quite get the $1bn which was predicted at the start of the year by Reuters sources, but it will get $800m for Ruckus, along with the Brocade ICX business, which makes data center, campus and carrier Ethernet switches. This is a drop from the $1.2bn which the company paid for Ruckus last April, when it was trying to expand its wireless and service provider activities by acquiring a leading public WiFi equipment vendor. Only a few months later, Broadcom said it was buying Brocade, primarily for its Fibre Channel storage…

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