In November I wrote about the announcement from Broadcom to acquire Brocade and its intent to divest its IP Networking assets, including the Network Edge business unit, made up of Ruckus Wireless and the ICX Campus Switching products. Today I can share the exciting news that the Network Edge business is expected to be acquired by ARRIS—a world leader in digital entertainment and communications technology—and will operate as a dedicated business unit in the company. Broadcom has stated that it expects this will take place approximately 30 days after the close of the acquisition of Brocade by Broadcom.
I know that the past few months of uncertainty have been challenging for our loyal partners and customers, but I believe the future with ARRIS offers us not only stability and investment, but also a genuine opportunity for growth. ARRIS views this acquisition as transformational, offering diversification into the enterprise market with access to the impressive Ruckus and Brocade channel partners. Additionally, this transaction is expected to accelerate growth in the service provider segment worldwide, where both ARRIS and Ruckus hold market share leadership positions.
From my perspective, we are creating the potential for a soup-to-nuts solution provider for networking, entertainment and communications, spanning the territory from the connected home to the enterprise and public-facing venues like smart cities.
For Ruckus, the most important thing about this journey forward is that we are emerging as a business transformed and strengthened since the acquisition by Brocade:
- With the complete integration of the ICX networking team and products into the business, we have so much more to offer our partners and customers, providing for a comprehensive set of wired and wireless solutions and services.
- Our team has been strengthened with the combined DNA of our origins, which is made up of some of the brightest and best in the industry. We will be making a louder Ruckus than ever before.
- We move forward with a continued commitment to the best value we can offer to a range of market verticals spanning hospitality, service providers, education, smart cities, sport venues and SMBs alike.
- And of course, we hold a never diminishing, heartfelt devotion to our partners and customers. We believe in our joint success; I want to thank our channel partners, distributors, strategic and alliance partners and customers for the loyalty you have shown us through this time of uncertainty. We will not forget it and hope to continue to earn it!
Onward and upward! #RuckusRising
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