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Broadcom plans to divest wireless business following close of Brocade deal

( February 22, 2017, 23:55 GMT | Official Statement) -- MLex Summary: Broadcom said it plans to divest Brocade Communications' Ruckus Wireless and ICX Switch business to Arris International for $800 million following the close of its buyout of Brocade. Broadcom expects to close the Brocade deal by July 30.Statement follows in full....

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