Brocade Not Interested in HP, Oracle Bromance
Will Brocade be tech’s next big buyout?
Evidently not. During a post-earnings conference call Monday, Brocade (BRCD) CEO Michael Klayko said the company has not “quietly put itself up for sale” as people familiar with the matter told The Wall Street Journal back in October.
“That is just false,” Klayko said of the rumors, which claimed Hewlett-Packard (HPQ) and Oracle (ORCL) as possible suitors.
Guess those reports that Brocade had hired Frank Quattrone’s merchant banking boutique Qatalyst to shop it around were a bit off …
