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Brocade to Buy Foundry Networks; Combine for a 800K SF Silicon Valley Footprint

July 22, 2008

Brocade (NASDAQ:BRCD) today offered to acquire Foundry Networks (NASDAQ:FDRY) in a $3B deal. The two companies together represent roughly 800K square feet of silicon valley office space. Brocade recently executed a deal to acquire a 562K SF Build to Suit to Sale on North First Street. Foundry Network currently occupies 110K SF on Gold Street in [...]

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