Monday, July 21, 2008 - Posts

Evolution of Networking

Brocade Announces Definitive Agreement to Acquire Foundry Networks

I just got an email from Michael Klayko the CEO Brocade

It is my pleasure to share the exciting news that today Brocade entered into a definitive agreement to acquire Foundry Networks, a performance and total solutions leader for enterprise and service provider networking. This combination uniquely positions Brocade to further accelerate the innovation and delivery of high-performance, ultra-reliable networks.

It is evident that the networks of today – from the Internet to corporate LANs, to mission-critical data center networks – are undergoing dynamic change and architectural reconsideration. Network traffic and data growth continue to expand at unprecedented levels. You have increased expectations for performance and reliability. And you are asking for more choices and for more integrated solutions.
posted Monday, July 21, 2008 8:50 PM by paul with 0 Comments

Icahn Get's a Seat

Yahoo! Announces Settlement with Carl Icahn

Carl Icahn owns 68,786,320 sharies, 4.98% of Yahoo and now he will be appointed to the Board and then two of eleven seats will be filled by the Board.

This agreement will not only allow Yahoo! to put the distraction of the proxy contest behind us, it will allow the Company to continue pursuing its strategy of being the starting point for Internet users and a must buy for advertisers. No other company in the Internet space has our unique combination of global brand, talented employees, innovative technologies and exceptional assets, attributes that will help us take advantage of the large and growing opportunity ahead of us. I look forward to working together with our new colleagues on the Board to make that happen. - Jerry Yang

At the opening bell sharies of MSFT rise in the hope that this insanity is over.
posted Monday, July 21, 2008 9:29 AM by paul with 0 Comments