3 , ▁Bro cade ▁named ▁Lloyd ▁Car ney ▁as ▁new ▁chief ▁executive . ▁On ▁November ▁ 2 , ▁ 2 0 1 6 , ▁Singapore - based ▁chip ▁mak er ▁Broad com ▁Limited ▁announced ▁they ▁were ▁bu ying ▁Bro cade ▁for ▁$ 5 . 5 ▁billion . ▁ ▁As ▁part ▁of ▁the ▁announ cement , ▁Broad com ▁said ▁they ▁would ▁sell ▁Bro cade ' s ▁networking ▁business ▁to ▁avoid ▁compet ing ▁with ▁its ▁top ▁customers ▁such ▁as ▁C is co ▁Systems . ▁ ▁On ▁August ▁ 8 , ▁ 2 0 1 7 , ▁Bro cade ▁announced ▁that ▁its ▁SD N ▁technology ▁had ▁been ▁sp un ▁off ▁as ▁a ▁new ▁company ▁called ▁L um ina ▁Network s . ▁ ▁This ▁follows ▁the ▁sales ▁of ▁other ▁divisions ▁designed ▁to ▁allow ▁the ▁Broad com ▁ac quisition ▁to ▁proceed , ▁including ▁R uck us ▁W ire less , ▁Connect em ▁( v E PC ), ▁Virtual ▁AD C , ▁V y atta ▁& ▁v Router , ▁and ▁Bro cade ' s ▁data ▁center ▁networking ▁business . ▁ ▁Broad com ▁announced ▁the ▁ac quisition ▁of ▁Bro cade ▁in ▁Nov ▁ 2 0 1 6 , ▁and ▁it ▁completed ▁the ▁ac quisition ▁in ▁Nov ▁ 2 0 1 7 ▁for ▁$ 5 . 5 ▁billion . ▁ ▁Product s ▁▁ ▁Bro cade ▁hardware ▁products ▁include ▁F ib re ▁Channel ▁storage ▁area ▁network ▁( S AN ) ▁direct ors ▁and ▁switch es ; ▁ult ra - low - l aten cy ▁data ▁center ▁switch es ; ▁E ther net