dcsimg
June 25, 2018
Hot Topics:

Cisco Buys AppDynamics for $3.7 Billion

  • January 26, 2017
  • By Developer.com Staff

Cisco has announced its intention to acquire application intelligence company AppDynamics for $3.7 billion. Earlier reports had suggested that AppDynamics could have been the first technology company to go public this year, and analysts estimated that the IPO could have been worth $2 billion.

AppDynamics sells tools that help enterprise application development teams and operations staff monitor software performance. “AppDynamics helps many of the world’s largest enterprises translate this data into business insights and empowers them to drive value for their customers in today’s digital world,” blogged Cisco vice president of corporate business development Rob Salvagno. “Together, with Cisco’s industry-leading digital network architecture, customers will now have unprecedented end-to-end insight across their technology stack, from infrastructure to application.”

The purchase, which is one of Cisco's largest ever, is expected to close in the third quarter.

View article






Comment and Contribute

 


(Maximum characters: 1200). You have characters left.

 

 


Enterprise Development Update

Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that developer.com may send you developer offers via email, phone and text message, as well as email offers about other products and services that developer believes may be of interest to you. developer will process your information in accordance with the Quinstreet Privacy Policy.

Sitemap

×
We have made updates to our Privacy Policy to reflect the implementation of the General Data Protection Regulation.
Thanks for your registration, follow us on our social networks to keep up-to-date