Feeds

FTC pokes stick at Brocade-McData buy

Answers, please!

Secure remote control for conventional and virtual desktops

The Federal Trade Commission has asked Brocade to give it more information over its proposed acquisition of enterprise storage rival McData.

The FTC made its request under the Hart-Scott-Rodino Act to examine the deal for potential anti-trust implications, but this looks pretty much par for the takeover course.

Brocade today confirmed its expectation that the deal will close as early as its first quarter of fiscal year 2007, ending January 27, 2007.

The company announced its intention to buy McData, in a $713m all-stock deal, in August. It intends to wield the axe post merger, looking to shave $100m in annual costs. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Ellison: Sparc M7 is Oracle's most important silicon EVER
'Acceleration engines' key to performance, security, Larry says
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Hey, what's a STORAGE company doing working on Internet-of-Cars?
Boo - it's not a terabyte car, it's just predictive maintenance and that
Troll hunter Rackspace turns Rotatable's bizarro patent to stone
News of the Weird: Screen-rotating technology declared unpatentable
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.