McData also recently acquired Sanera Systems and invested in Aarohi Communications
to increase its product portfolio and technology (see McData Completes Sanera Acquisition and McData Closes Nishan Acquisition).
RBC believes EMC also wanted concessions from McData on switch-based software, but expects McData to hold steady on software pricing. RBC also expects McData to broaden its software offerings through partnerships, acquisitions, and development.
McData, founded in 1982, was purchased by EMC in 1995. After putting McData through an IPO that raised $377 million in 2000, EMC spun it off in February 2001.
Dave Raffo, Senior Editor, Byte and Switch
To realize the benefits of cloud-native software, an application must actually be cloud-native—designed to run in the cloud, interacting with disaggregated cloud services, fully manageable as code—to deliver the expected benefits.
By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
