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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD)

BRCD 12.73

0.0%

Nov 20 4:00 PM EST

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From: Glenn Petersen	10/5/2009 8:22:37 AM
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Brocade puts itself up for sale: report Mon Oct 5, 2009 7:44am EDT (Reuters) - U.S. data storage equipment maker Brocade Communications Systems Inc (BRCD.O) has put itself on the selling block, the Wall Street Journal said on Monday, citing people familiar with the matter. The paper said Oracle Corp (ORCL.O) and Hewlett-Packard Co (HPQ.N) were potential bidders for the company but a deal was not imminent and Brocade might not even go ahead with a sale. Spokesmen for Brocade and HP declined to comment, the paper said. Brocade, Hewlett-Packard and Oracle could not immediately be reached for comment by Reuters outside regular U.S. business hours. (Reporting by Ajay Kamalakaran in Bangalore; Editing by Greg Mahlich) reuters.com

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