Cisco to acquire software company AppDynamics

This is Cisco's biggest acquisition so far.


Cisco, the global networking giant is geared up to accelerate the digital transformation of enterprises by acquiring AppDynamics Inc, an application performance management and IT operations analytics company. There are reports that the deal will be finalized for $3.7 billion.

Cisco to acquire software company AppDynamics


US-based AppDynamics helps large enterprises translate huge quantities of complex and siloed data into business insights that will empower them to drive value for their customers.

Rob Salvagno, Head of Corporate Development and Cisco Investments took it to announce the same on an official blog post. He added that the acquisition of AppDynamics also supports Cisco's strategic transition towards software-centric solutions that will deliver predictable recurring revenue.

Also read: Xiaomi Mi 5C receives 3C certification, launch date set for February

Ever since Cisco acquired Sourcefire, a security firm, the acquisition of AppDynamics is the largest one. Sourcefire was acquired for $2.7 billion in 2013. The AppDynamics acquisition is expected to close in the third quarter of the fiscal year 2017.

Following the acquisition, AppDynamics will continue to be led by CEO David Wadhwani as a new software business unit under Rowan Trollope, Cisco Senior Vice President and General Manager, IoT and Applications business.

Most Read Articles
Best Mobiles in India

Read More About: cisco software news acquisition

Best Phones

Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Yes No
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more