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Brocade Invests in Tacit

Brocade Communications Systems Inc. (Nasdaq: BRCD) has taken a minority stake in Tacit Networks Inc. and plans to include the startup's wide-area file services (WAFS) products in its lineup (see Brocade, Tacit Join Forces).

Brocade is investing "up to $7.5 million" in Tacit, representing a roughly 10 percent stake. Tacit has raised about $24.2 million to date (see Tacit Takes In $16.9M).

Initially, Brocade VARs will peddle Tacit's iShared WAFS software. Eventually, if a series of unspecified contingencies are met, execs from both companies say the relationship could lead to an integration effort.

"This expands Brocade's overall product line and accelerates awareness of Tacit's technology," says Brocade CTO Jay Kidd.

This is Tacit's most dramatic pairing yet, though the vendor has an earlier resale agreement with IBM Corp. (NYSE: IBM) and a typical development deal with Microsoft Corp. (Nasdaq: MSFT). (See Tacit Teams Up With Microsoft and Tacit Tightens Blue Connection.) For the most part, Tacit has sold its wares chiefly through its own network of resellers, and it will continue to maintain that channel (see Tacit Launches Channel).

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