News - Gregory Reyes
By Troy Wolverton, San Jose Mercury News, Calif. Jul. 22--In a move that could challenge Cisco's dominance in the network equipment market, San Jose-based Brocade Communications Systems announced Monday that it plans to buy Foundry Networks in a $2 billion deal.
By Troy Wolverton, San Jose Mercury News, Calif. Jul. 21--In a move that could challenge Cisco's dominance in the network equipment market, San Jose-based Brocade Communications Systems announced Monday that it plans to buy Foundry Networks in a $2 billion deal.
Although Apple Inc.’s co-founder and CEO Steve Jobs avoided being indicted for his role in Apple's backdating of stock options grants, he and his company still face other looming legal battles.
Standard & Poor's lowered Equitable Resources Inc.'s credit and senior unsecured ratings to BBB from A- with a negative outlook on Wednesday, a day after the North Shore-based company dropped plans to buy two natural gas companies from Dominion Resources Inc.
