Foundry postpones vote on Brocade deal, stock plunges
Foundry Networks stock closed down over 25 percent Friday after the company said it is postponing a shareholder vote on its merger with Brocade.
Foundry Networks stock closed down over 25 percent Friday after the company said it is postponing a shareholder vote on its merger with Brocade.
Brocade Communications Systems is painting itself as the alternative to Cisco Systems that IT administrators have been looking for.