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4-Traders Homepage  >  Equities  >  Nasdaq  >  Brocade Communications Systems, Inc.    BRCD

Delayed Quote. Delayed  - 10/27 10:00:00 pm
8.68 USD   -1.36%
10:32a BROCADE COMMUNI : Ruckus cloudpath es 5.0 simplifies security and po..
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10/28/2016 | 10:32am CEST

Release date- 27102016 - ANAHEIM, Calif. - Brocade (NASDAQ: BRCD) today announced the availability of Ruckus Cloudpath ES 5.0 software.

The new release builds on previous BYOD onboarding capabilities to create a complete integrated security and policy management platform. Cloudpath ES 5.0 software enables IT organizations of any size to easily establish secure, policy-based access for wired and wireless devices.

According to IDC, 1 the U.S. mobile worker population will grow at a steady rate over the next five years, increasing from 96.2 million in 2015 to 105.4 million mobile workers in 2020.

'The rise of a more mobile workforce has mandated that corporations to adopt robust BYOD programs, which ensure productivity both in and out of the workplace,' said Nolan Greene, senior research analyst, IDC. 'However, many organizations, especially those with lean IT departments, still struggle with securing device connections to the network. Organizations are therefore tasked with finding a solution that not only enables the mobile workforce, but also provides enterprise-level security, something Ruckus Wireless seeks to deliver to its customers.'

Many organizations expect frictionless BYOD and a common wireless-wired policy and security experience but IT is often unable to deliver on those expectations due to the inherent complexity of modern security infrastructure. Cloudpath software simplifies the deployment of enterprise-grade security, making powerful security much more accessible to lean IT teams.

'Before Cloudpath, we struggled with authentication, provisioning, securing and connecting both our students' and teachers' wireless devices across our 11 sites in both California and Washington,' said Bryant Wong, chief technology officer, Summit Public Schools. 'After the deployment of Cloudpath, it was seamless. It just works.'

Features and benefits of Cloudpath ES 5.0 software include:

Strong security and centralized policy management. Cloudpath software provides a simplified Public Key Infrastructure (PKI) while using industry-standard x.509 digital certificates and granular policy assignment.

A faster, better end-user experience. It takes users as little as 10 seconds to onboard each of their devices. Users don't need to remember passwords, and no re-login is necessary when they move from network to network.

Lower IT operating expense and product licensing cost. Unique user-based licensing enables better network planning and keeps costs under control as the number of devices per person increases.

Integration with existing infrastructure. Cloudpath software works with existing wired and wireless access networks, network security firewalls, client operating systems and other common methods of ensuring security compliance.

Tight integration with Brocade ICX switches. Cloudpath software can now be configured to push policies dynamically with RADIUS Change of Authorization (CoA) and also perform Web authentication for wired clients.

'Managing devices, workflow and security policies has become more complex over the last decade for businesses of all sizes,' said Kevin Koster, chief architect and Cloudpath founder, Ruckus Wireless Business Unit, Brocade. 'At the same time, many companies operate in various locations with multiple wireless networks. This creates complex IT management challenges. Cloudpath software addresses these pain points by delivering better security than most of our customers have now, and at a very low price. Cloudpath also works with existing infrastructure, eliminating the need to purchase and train on new, expensive and complex dedicated security appliances.'

About the Ruckus Wireless Business Unit

Ruckus Wireless delivers simply better wireless for approximately 70,000 enterprise, service provider, government, and small business customers worldwide. The Ruckus Wireless business unit at Brocade is focused on technology innovation, partner ecosystems, and customer service-yielding the best possible wireless experience for the most challenging indoor and outdoor environments. The Smart Wi-Fi platform delivers scalable, high-performance Wi-Fi with simplified control and management for on-premise and cloud-based Wi-Fi deployments, along with new services for secure onboarding, policy management, location services, and analytics that enable new business opportunities.

About Brocade

Brocade (NASDAQ: BRCD) networking solutions help the world's leading organizations turn their networks into platforms for business innovation. With solutions spanning public and private data centers to the network edge, Brocade is leading the industry in its transition to the New IP network infrastructures required for today's era of digital business. (www.brocade.com)

These products and features and their availability are subject to change at the sole discretion of Brocade, and Brocade shall have no liability for delay in the delivery or failure to deliver any of the products or features described herein.

Brocade, the B-wing symbol, and MyBrocade are registered trademarks of Brocade Communications Systems, Inc., in the United States and in other countries. Other brands, product names, or service names mentioned of Brocade Communications Systems, Inc. are listed at www.brocade.com/en/legal/brocade-Legal-intellectual-property/brocade-legal-trademarks.html. Other marks may belong to third parties.

Media Contact:

Laurie Falconer

Tel: 408.636.1272

Email: laurie.falconer@ruckuswireless.com

(c) 2016 Electronic News Publishing -, source ENP Newswire

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Financials ($)
Sales 2016 2 329 M
EBIT 2016 494 M
Net income 2016 211 M
Debt 2016 57,7 M
Yield 2016 1,99%
P/E ratio 2016 18,72
P/E ratio 2017 15,52
EV / Sales 2016 1,52x
EV / Sales 2017 1,33x
Capitalization 3 480 M
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Brocade Communications Sys Technical Analysis Chart | BRCD | US1116213067 | 4-Traders
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Mean consensus HOLD
Number of Analysts 22
Average target price 10,2 $
Spread / Average Target 18%
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Lloyd A. Carney Chief Executive Officer & Director
Dave L. House Chairman
Gale E. England Chief Operating Officer & Senior VP-Operations
Daniel W. Fairfax Chief Financial Officer & Senior Vice President
Ken K. Cheng CTO, SVP-Corporate Development & Emerging Business
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