Merrill Lynch & Co. Inc. was expecting to receive the switch on November 15 but is still waiting for it, according to a source at Merrill Lynch who asked not to be named.
Brocade shipped the product to its OEM partners last month, but since then it appears to have hit a wall. EMC Corp. (NYSE: EMC) is one of Brocades largest OEMs and is not comfortable with the product, the source says (see Is Brocade's SilkWorm Losing the Thread?).
EMC is delaying selling the switch, forcing Brocade to hold off as well, which is why we havent seen it yet, he notes.
Brocade, which reports its fourth-quarter earnings Wednesday, declined to comment. EMC spokespeople were unable to confirm that they have received the switch.