Brocade and the Guiyang High-Tech Industrial Investment Group (HTII), have signed a joint venture agreement to establish Guizhou Huiling Technology (GHTC). The joint venture combines Brocade’s leading data center networking solutions with Guiyang’s Big Data solutions. GHTC will also support local R&D efforts and will work with the local government and its partners as well as Brocade to develop high-tech talent in the region, according to a statement by Brocade.
As Brocade continues to expand our investments in high-growth markets such as China, partnerships with innovative local government entities are critical
“As Brocade continues to expand our investments in high-growth markets such as China, partnerships with innovative local government entities are critical,” said Ken Cheng, chief technology officer and senior vice president, Corporate Development and Emerging Business, Brocade.
Based in Guiyang, the capital city of Guizhou, China, GHTC is 51 per cent owned by HTII, and 49 per cent by Brocade. The new company will deliver Brocade IP networking solutions and services, including switches, routers, and storage networking infrastructure to the local government as well as state-owned organizations, universities, and enterprises.