Brocade Buys Rhapsody for $175 Million
Companies that resell Brocade switches are already developing with Rhapsody's XPath architecture in mind, said Brocade CEO Greg Reyes.Storage switch leader Brocade Communications Systems Inc. Tuesday acquired startup Rhapsody Networks Inc., for approximately $175 million in stock, officials said. Rhapsodys architecture, called XPath, converts between Fibre Channel and IP protocols. It also runs network-based management software, which Brocade can merge with resellers products, to better compete against arch rival McData Corp. and storage newcomer Cisco Systems Inc. "We plan to maintain Rhapsody as a separate operating division," said Greg Reyes, chairman and CEO of Brocade, in San Jose, Calif. For users preferring network-based administration, "this presents a tremendous opportunity [for] these data management and movement functions," he said.
Brocade will make an application-programming interface for Rhapsodys switch, which will interoperate with the existing Brocade Fabrice Manager, officials said. Companies that resell Brocade switches, today totaling 23, are already developing with XPath in mind and will be close to general availability by late 2003, Reyes said.