Affiliate of Pulse Secure, LLC to Acquire the Virtual Application Delivery Controller Business from Brocade Communications Systems, Inc.
June 2017 by Emmanuelle Lamandé
An affiliate of Pulse Secure, LLC ("Pulse Secure") announced that it has entered into a definitive agreement to acquire assets associated with the Virtual Application Delivery Controller (vADC) product family from Brocade Communications Systems, Inc. ("Brocade"). The transaction includes a leased research and development facility in Cambridge, UK and associated customer support and maintenance contracts.
This acquisition will add new capabilities to the Pulse Secure Access Platform, allowing Pulse Secure to deliver a complete end-to-end solution designed to reduce complexity and increase security.
Pulse Secure intends to hire certain Brocade employees associated with the vADC business. This team will be working closely together with Pulse Secure after the acquisition closes to ensure continued support for customers.
Financial terms of the transaction were not disclosed. The transaction is expected to close in late June to mid-July 2017, subject to the satisfaction or waiver of customary closing conditions and prior to the closing of the previously announced acquisition of Brocade by Broadcom Limited.