Brocade Communications Systems Inc. (NASDAQ:BRCD) to support Open Stack

Posted by George Brook June 12, 2013 0 Comment 1701 views


Brocade Communications Systems Inc. (NASDAQ:BRCD) had planned to make a presence at the Red Hat Summit 2013 to be held this week. This summit which is organized by the Red Hat OpenStack Cloud Infrastructure Partner Network is aimed at providing a platform for exhibiting the latest developments in cloud computing, virtualization, platform, storage, middleware and systems management technologies.

Brocade Communications Systems Inc. (NASDAQ:BRCD) had planned to exhibit its recently developed Brocade VCS Fabric Plugin which had been designed to deliver powerful on demand fabric provisioning and SDN capabilities in cloud environments of the Open Stack base. Further, the company had also planned to discuss the leadership position it holds in the development of storage area networking initiative related to the Open Stack Fibre Channel.

Brocade Communications Systems Inc. (NASDAQ:BRCD) had decided to present demonstrations of its recently developed Open Stack Solutions at the conference. The demonstration would include the orchestration of VCS fabrics using Open Stack developed by Brocade Communications Systems Inc. (NASDAQ:BRCD) and the ADX solutions based on Open Stack developed by the company.

Brocade Communications Systems Inc. (NASDAQ:BRCD) is primarily engaged in providing networking equipments related to the Internet Protocol based Ethernet networking solutions. The company offers a range of hardware and software products and services related to networking solutions for business organizations of sizes ranging from small to big.

The clients served by Brocade Communications Systems Inc. (NASDAQ:BRCD) include telecommunication firms, mobile carriers and cable operators. The company operates its business through four major segments namely  Data Storage segment, Global Services segment, IP Layer 2-3 segment and IP Layer 4-7/ Application Delivery Products segment.

Brocade Communications Systems Inc. (NASDAQ:BRCD) had recently expanded its operations into the Asia Pacific regions through a regional briefing center located at Singapore. The company thus focuses on cloud computing network solutions to global enterprises at different levels.

The shares of Brocade Communications Systems Inc. (NASDAQ:BRCD) had surged by 1.96 percent to close at $5.77 per share for the end of last trading session on Tuesday. The shares of the company had witnessed the trade of 13.24 million shares on Tuesday, while the average trading volume is at 9.45 million shares per day.


About George Brook

George Brook covers money and politics for GDP Insider. George is a veteran journalist who has also covered Congress, national political conventions and presidential politics. George also covers the White House as well as economic and domestic policy for GDP insider. George's reporting has won numerous awards, including two Scripps Howard awards, two National Headliners, two Gerald Loeb Awards, as well as honors from Sigma Delta Chi and the National Press Club.

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