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Cisco bolts on AppDynamics for US$3.7bn to enhance application and business performance

Connectivity BusinessbyConnectivity Business
January 25, 2017
in Investments
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Cisco has agreed to acquire application performance monitoring firm AppDynamics for approximately US$3.7bn in cash and assumed equity awards. Acquiring the application intelligence software company will allow Cisco to use AppDynamics’s cloud application and business monitoring platform to refine its product line. The offer is almost double from the US$1.9bn valuation it received in November 2015, but analysts […]

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Tags: AppDynamicsBroadcom LimitedBrocade Communication SystemsCiscoFenwick & WestGoldman SachsHewlett-PackardMorgan StanleyNorth AmericaPremiumQatalyst PartnersTaleena HoldingTata Communications (Netherlands)TF252
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