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Brocade Posts Revenue of $327 Million

Brocade posted quarterly revenue of $327.5 million, slightly above the company’s preliminary results reported on August 8, 2007. Revenues for the quarter decreased 5%…

Narus Elects Charles Picasso to Board

Narus elected Charles Picasso to its Board of Directors as non-executive Chairman. Picasso is the retired president and chief operating officer (COO) for Information…

Riverbed Appoints Mark Floyd to Board

Riverbed Technology has appointed Mark Floyd to its board of directors. The addition of Floyd expands Riverbed’s board to eight directors. Floyd, 51, served…

Ixia Announces Stock Repurchase Program

Ixia’s Board of Directors approved a stock repurchase program that authorizes the company to repurchase up to $50 million of the Company’s common stock.…

Juniper Names Robyn Denholm as CFO

Juniper Networks named Robyn M. Denholm to the position of chief financial officer (CFO). She previously served at Sun Microsystems as senior vice president,…

VMware Soars in IPO

Shares in VMware (NYSE: VMW) soared 76% in its first day of trading to close at $51. The Palo Alto, California based company specializes…