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Brocade shares rise on Reuters report of IBM sales deal 04.16.2009 Shares of Brocade Communications Systems jumped 9 percent on April 16 after Reuters exclusively reported that IBM will begin selling its Ethernet switching and routing products. Brocade would benefit from IBM’s attempt to fight back against Cisco’s move into its territory, analysts said. Even a tiny gain in market share in the $20 billion Ethernet market could have a profound impact on Brocade’s financial model, one said. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Brocade shares rise on Reuters report of IBM sales deal

04.16.2009

Shares of Brocade Communications Systems jumped 9 percent on April 16 after Reuters exclusively reported that IBM will begin selling its Ethernet switching and routing products. Brocade would benefit from IBM’s attempt to fight back against Cisco’s move into its territory, analysts said. Even a tiny gain in market share in the $20 billion Ethernet market could have a profound impact on Brocade’s financial model, one said.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here