Hello, Guest!
  • Tuesday, April 23, 2024

HDS Federal, Brocade Agree on Transfer of Some Contracts, Assets; David Turner Comments


Hitachi Data Systems‘ federal business has entered into a definitive agreement to accept the transfer and control of some of Brocade Communications Systems‘ (Nasdaq: BRCD) federal service maintenance contracts and other cleared assets.

HDS Federal said Tuesday it will gain Brocade’s portfolio of U.S. federal data center networking, campus/edge networking and storage area networking service maintenance programs as well as cleared federal support personnel.

David Turner, HDS Federal president and CEO, said the upcoming transfer of assets works to deliver classified federal networking capabilities to drive the company’s efforts to advance public sector clients’ digital transformation initiatives.

The transaction is anticipated to close in line with Broadcom‘s (Nasdaq: AVGO) pending acquisition of Brocade, HDS Federal added.

Video of the Day

Related Articles

Executive Mosaic’s Weekly GovCon Round-up: Recent M&A Activity in the GovCon Market Weekly Round-up

Executive Mosaic’s Weekly GovCon Round-up: Recent M&A Activity in the GovCon Market

Weekly Roundup December 11 – December 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For this week’s roundup we’re taking a look at the current landscape of M&A activity in the government contracting market. 2017 is coming to a close and the recent activity surrounding M&A will

Hitachi Vantara Federal Assumes Control of Brocade’s Networking Maintenance Contracts; David Turner Comments M&A Activity

Hitachi Vantara Federal Assumes Control of Brocade’s Networking Maintenance Contracts; David Turner Comments

Hitachi Vantara’s federal business has assumed control of some of Brocade Communications Systems’ (Nasdaq: BRCD) federal service maintenance contracts and other assets under a definitive agreement signed in June. Hitachi Vantara Federal said Friday the agreement’s completion would provide the company access to Brocade’s storage area networking, campus/edge networking and data center networking support maintenance contracts as

CSRA-Led Team Installs 2nd Supercomputer Update Increment at NIH; Kamal Narang Comments Press Releases

CSRA-Led Team Installs 2nd Supercomputer Update Increment at NIH; Kamal Narang Comments

TYSONS CORNER, VA, Aug. 9, 2017 — A CSRA-led (NYSE: CSRA) industry team has installed the second increment of an update to the National Institutes of Health‘s Biowulf supercomputing system in order to increase the agency’s computing capacity, ExecutiveBiz reported Thursday. The company said Aug. 2 the effort continues its previous work with Hewlett Packard Enterprise (NYSE: HPE), Intel