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General

Cisco buys AppDynamics for USD 3.7 billion

Wednesday 25 January 2017 | 08:42 CET | News
Cisco said it is buying AppDynamics, a privately held application intelligence software company based in San Francisco, for USD 3.7 billion in cash. AppDynamics was set to launch an IPO but has now shelved the project, the Wall Street Journal reported. The company provides its cloud application and business monitoring platform to the world's largest companies, improving their application and business performance.

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Categories: General
Companies: AppDynamics / Cisco
Countries: World
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