Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD) ended Wednesday session in green amid volatile trading. The shares closed up +0.03 points or 0.34% at $8.77 with 2.47 million shares getting traded. Post opening the session at $8.73, the shares hit an intraday low of $8.68 and an intraday high of $8.80 and the price vacillated in this range throughout the day. The company has a market cap of $3.54 billion and the numbers of outstanding shares have been calculated to be 400.87 million shares.
Brocade Communications Systems, Inc. (BRCD) announced that IT solutions and services giant Fujitsu has successfully deployed Brocade® Workflow Composer to enhance the functionality of its virtual desktop-as-a-service (V-DaaS) offering. The network automation platform increases the agility and security of Fujitsu’s V-DaaS operations by aligning the network with IT operations and tool chains. As a result, V-DaaS customers can streamline their digital transformation while increasing business innovation and gaining a competitive advantage.
The initial impetus for the Brocade Workflow Composer deployment stemmed from V-DaaS customer requests for enhanced security, with Fujitsu investigating ways to automate isolation of virtual desktops that have suffered a security incident from the rest of the V-DaaS network. Fujitsu considered a variety of potential solutions, including internal development and third-party software, before selecting Brocade Workflow Composer because it simplifies the automation of cross-domain workflows on the V-DaaS network.
Shares of BlackBerry Ltd (NASDAQ:BBRY) ended Wednesday session in green amid volatile trading. The shares closed up +0.04 points or 0.54% at $7.46 with 2.12 million shares getting traded. Post opening the session at $7.43, the shares hit an intraday low of $7.39 and an intraday high of $7.55 and the price vacillated in this range throughout the day. The company has a market cap of $3.93 billion and the numbers of outstanding shares have been calculated to be 523.52 million shares.
BlackBerry Ltd (BBRY) announced the appointment of Steven Capelli as Chief Financial Officer. Capelli brings 25 years of executive experience in the software and technology industry with a strong track record for driving profitable growth and increased operational efficiencies across business and corporate functions.
Most recently, Capelli was President of Worldwide Field Operations at Sybase with responsibility for $1 billion in annual revenue. Capelli also led international operations at Sybase as General Manager with responsibility for sales, operations, finance, customer support, marketing and human resources. Prior to Sybase, Capelli was Chief Financial Officer of Siemens Pyramid. Earlier in his career, he served in controller roles at Digital Equipment Corporation, Unisys Corporation and WR Grace and Company. Capelli currently serves on numerous corporate boards with representation on audit, compensation and governance committees. He received a bachelor’s degree in accounting from The College of New Jersey and an MBA in finance from Rutgers University.