Broadcom will unload the Ruckus Wireless Wi-Fi business for US$800 million when it takes over Brocade Communications Systems later this year.
The buyer, Arris International, is a maker of video and broadband equipment, including cable modems and set-top boxes with Wi-Fi inside. As part of the deal, it will also acquire Brocade’s ICX business, which makes data center, campus and carrier Ethernet switches.
Ruckus makes Wi-Fi gear primarily for enterprises and service providers. Brocade acquired Ruckus last April for $1.2 billion in a bid to expand its enterprise networking business.
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Source: News Feed