06.04.2016 22:18:00
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Brocade Communications Systems, Inc. -- Moody's says Ruckus acquisition increases leverage but does not affect Brocade's Ba1 rating
New York, April 06, 2016 -- Moody's Investors Service said Brocade Communications Systems, Inc.'s ("Brocade") planned acquisition of Ruckus Wireless, Inc. ("Ruckus") substantially increases financial leverage but does not affect the company's Ba1 Corporate Family Rating or stable ratings outlook. For more information, please see the recent Issuer Comment on www.moodys.com.