IBM Turns Back on Juniper to Buy Blade Networks

Structure Blog (Sep 27 2010) Networking

1. IBM today said it would buy Blade Networks, a company that makes networking gear that can help vendors combine computing and networking in a box that resembles Cisco’s unified computing system. IBM plans to pay an undisclosed amount for Blade, which is four-and-a-half years old, reported $79 million in revenue for 2009, and planned for revenue in excess of $100 million for its fiscal year, which ends in October. Update: Sources are saying that IBM paid $400 million for Blade. The deal is also a bit of bad news for Juniper, the networking and switch maker that had a deepening partnership with IBM in the wake of Cisco launching its competitive entry into the server market, thereby alienating its former partners. Since that move, HP has made the somewhat dubious purchase of 3COM, and Dell has signed several partnerships with any networking vendor that has a port, including some ... (Read Full Article)

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