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McData Snaps up SANavigator: Page 3 of 3

Robert Wright, the current president and COO of SANavigator, will be VP and general manager of SANavigator when the deal closes at the end of September. SANavigator will become a wholly owned subsidiary of McData, and its 40 or so employees will remain in San Jose, Calif.

McData's stock closed today at $12.70, down 10.56% against the previous day of trading.

— Jo Maitland, Senior Editor, Byte and Switch http://www.byteandswitch.com