Brocade awarded permanent injunction in IP theft case against A10 Networks Brocade announced that a San Jose federal court confirmed a $60M damages verdict against A10 Networks and entered an order permanently enjoining A10 from infringing on Brocade's patents involving technologies for Global Server Load Balancing and High Availability. The court confirmed all liability findings by the jury against A10 and confirmed the $60M in damages for copyright infringement. The court further confirmed that there was sufficient evidence against A10 to award another $50M in lost profits damages on the patent claims.
Brocade upgraded to Hold from Sell at Summit Research Summit Research upgraded Brocade to Hold citing a better outlook for the company's Fibre Channel business. The firm raised its price target for shares to $10 from $8.50.