Innovative Brocade network infrastructure solutions help the world's leading organizations transition smoothly to a virtualized world where applications and information reside anywhere. Based on the Brocade One™ strategy, these solutions are designed to provide a flexible IT infrastructure with unmatched simplicity, non-stop networking, application optimization, and investment protection.
Brocade stock is traded in the National Market System of the NASDAQ GS stock market, under the ticker symbol BRCD.
Brocade stock can be purchased or sold through a registered stockbroker or bank and generally through any financial institution that provides brokerage services.
Current Analyst coverage of Brocade is listed under "Stock Information," Analyst Coverage
Wells Fargo Bank Minnesota, N.A.
P.O. Box 64854
St. Paul, MN 55164-0854
Contact Wells Fargo
All questions regarding your ownership of Brocade stock should be addressed to our transfer agent, Wells Fargo Shareowner Services at 1-800-468-9716.
No, Brocade currently does not have a direct purchase plan.
Yes, Brocade pays a quarterly dividend of $0.035 per share.
Brocade's headquarters are located at 130 Holger Way, San Jose, CA 95134, USA and its main telephone number is 408-333-8000
Brocade was incorporated on May 14, 1999 in Delaware.
Brocade's fiscal year ends in October. Each fiscal quarter end is as follows:
Fiscal Quarter One: Last Saturday of January
Fiscal Quarter Two: Last Saturday of April
Fiscal Quarter Three: Last Saturday of July
Fiscal Quarter Four: Last Saturday of October
Within the Storage Area Network (SAN) market, Cisco, and QLogic represent companies that compete with Brocade. Within the Ethernet market, Arista Networks, Alcatel-Lucent, Cisco, Dell, Extreme Networks, F5 Networks, HP, Huawei Technologies, and Juniper Networks all compete with Brocade. Some companies compete across all Brocade's product lines, while others do not offer as wide a breadth of networking solutions.
Brocade is continually announcing new products. Please refer to our web site at www.brocade.com for a specific listing of Brocade solutions.
Brocade went public on May 25, 1999 at a split-adjusted price of $4.75.
3,250,000 shares were offered in the IPO with an additional 487,500 shares offered to the underwriters to cover over-allotments.
The top 3 underwriters, based on number of shares, for Brocade's IPO were, in order, Morgan Stanley Dean Witter, BT Alex.Brown, & Dain Rauscher Wessels. For a complete list of underwriters, refer to our S-1 filing with the SEC, dated May 24, 1999.
Wilson Sonsini Goodrich & Rosati (Palo Alto, California) is Brocade's legal counsel.
Brocade's independent accountants are KPMG (Mountain View, California).
Brocade acquired the following companies:
Vyatta, November 2012
Foundry Networks, December 2008
Strategic Business Systems, March 2008
McDATA Corporation, January, 2007
Silverback Systems, Inc., January 2007
NuView, Inc., March 2006
Therion Software Corporation, May 2005
Rhapsody Networks, January 2003
After the close of market on June 26, 2007, the reverse/forward split was completed, with the result that stockholders with less than 100 shares were cashed out. For stockholders with 100 or more shares, there was no change to their share ownership.
The cash out price of $8.44 is a per share amount equal to the average of the closing prices of Brocade common stock for the ten consecutive trading days up to and including the effective date of June 26, 2007.
Brocade Stock Split History:
Dec 3, 1999, 2:1
Mar 14, 2000, 2:1
Dec 22, 2000, 2: 1
Data Center Storage Networking
Brocade is the industry leader in data center storage networking solutions with a focus on Storage Area Network (SAN) switching and server connectivity. SAN is a high-speed, reliable data communications network that connects servers and storage devices, allowing companies to access and share storage in a high-performance, manageable, and scalable fashion. Today, Brocade solutions are used in 90 percent of Global 1000 data centers.
Brocade is a recognized leader in networking solutions with a focus on Ethernet Fabrics, switching, routing, application delivery, wireless, and security. Ethernet technology connects workstations, peripherals, terminals and other devices in a single building or other geographically limited area.
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