▁special izing ▁in ▁data ▁and ▁storage ▁networking ▁products , ▁now ▁a ▁subs idi ary ▁of ▁Broad com ▁Inc . ▁Origin ally ▁known ▁for ▁its ▁F ib re ▁Channel ▁storage ▁networks , ▁the ▁company ▁expanded ▁ ▁include ▁a ▁wide ▁range ▁of ▁products ▁market ed ▁as ▁third ▁platform ▁techn ologies . ▁Of fer ings ▁included ▁rou ters ▁and ▁network ▁switch es ▁for ▁data ▁center , ▁campus ▁and ▁car rier ▁environments , ▁IP ▁and ▁F ib re ▁Channel ▁storage ▁network ▁fab rics ; ▁Network ▁Function s ▁Virtual ization ▁( NF V ) ▁and ▁software - defined ▁networking ▁( SD N ) ▁mark ets ▁such ▁as ▁a ▁commercial ▁edition ▁of ▁the ▁Open Day light ▁Project ▁controller ; ▁and ▁network ▁management ▁software ▁that ▁sp ans ▁physical ▁and ▁virtual ▁devices . ▁ ▁On ▁November ▁ 2 , ▁ 2 0 1 6 , ▁Singapore - based ▁chip ▁mak er ▁Broad com ▁Limited ▁announced ▁it ▁was ▁bu ying ▁Bro cade ▁for ▁about ▁$ 5 . 5 ▁billion . ▁ ▁Broad com ▁has ▁since ▁red om estic ated ▁to ▁the ▁United ▁States ▁and ▁is ▁now ▁known ▁as ▁Broad com ▁Inc . ▁ ▁History ▁▁ ▁Bro cade ▁was ▁founded ▁in ▁August ▁ 1 9 9 5 , ▁by ▁S eth ▁Ne iman ▁( a ▁vent ure ▁capital ist , ▁a ▁former ▁executive ▁from ▁Sun ▁Mic ros ystem s ▁and ▁a ▁professional ▁auto ▁rac er ), ▁K umar ▁Mal aval li ▁( a ▁co - author ▁of ▁the ▁F ib re ▁Channel ▁specification ) ▁and ▁Paul ▁R . ▁Bond erson ▁( a ▁former