Network gear make Brocade Communications Systems is reportedly in advanced talks to sell itself, Bloomberg reports. Broadcom Ltd is one of the interested potential buyers and an acquisition of Brocade could be announced as soon as this week, according to the report.
An acquisition of Brocade could be announced as soon as this week, the report added.
Brocade and Broadcom did not immediately respond to requests for comment.'
Owning Brocade’s networking gear might be attractive for component makers such as Broadcom, which makes the chips that power switches.