Broadcom to eat Brocade?

Brocade could become the next networking giant to agree to an acquisition deal.

A report from Bloomberg cites sources familiar in reporting that the company is in "advanced talks" with Broadcom to hammer out a deal, though the negotiations are not final and could still fall apart.

The deal would give Broadcom a larger reach into the networking hardware market and potentially help the chipmaker expand into parts of the data center space as well.

The reports come on the heels of Level 3 agreeing to a $34bn acquistion at the hands of Telco giant CenturyLink. ®

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