Brocade has sold its network adapter business to QLogic, as part of its stated business strategy to better focus on data centre fabrics and software defined networking.
Branded as the two critical building blocks for modern data centres by the company, as part of this transaction, both parties insist they are committed to working together closely to affirm their commitment to the storage area networking industry 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 with the divestiture including the entire Brocade network adapter product portfolio.
"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," says Ken Cheng, chief technology officer and vice president of Corporate Development and Emerging Business, 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."