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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.


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