Brocade Boosted By Revised Foundry Deal

Stock quotes in this article: BRCD , FDRY , JNPR , CSCO  

Brocade hopes its acquisition of Foundry's ethernet technology will put it in a better position to compete with Cisco (CSCO Quote) and Juniper Networks (JNPR Quote).

Foundry was planning to hold a shareholder meeting to vote on Brocade's offer Wednesday, although this has now been postponed until Nov. 7. Brocade has already stated its desire to close the deal in the fourth quarter.
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