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Stock Market & Financial Investment News

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August 20, 2014
10:18 EDTBRCDBrocade volatility increases into Q3 and outlook
Brocade September call option implied volatility is at 34, October is at 30, January is at 29; compared to its 26-week average of 32 according to Track Data, suggesting non-directional price movement into the expected release of Q3 results on August 21.
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September 15, 2014
08:03 EDTBRCDBrocade acquires Vistapointe in all cash transaction
Brocade announced that it has acquired the network visibility and analytics technology assets in an all cash transaction from privately held Vistapointe, which has offices in the U.S., Ireland, and India. The acquisition enables Brocade to address the emerging opportunities and requirements of its service provider customers, especially global Mobile Network Operators. As part of the transaction, Vistapointe CEO, Ravi Medikonda, has joined Brocade as vice president of the Network Visibility and Analytics product group. Furthermore, Brocade has hired the Vistapointe development team, and they will report into Medikonda as part of the new business unit.
07:22 EDTBRCDAir Force Association to hold a conference
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