Cisco acquires intelligence software company AppDynamics

Tech giant Cisco has announced that it is buying AppDynamics, a privately-held application intelligence software company headquartered in San Francisco. The deal is worth $3.7 billion, and will be completed in cash and assumed equity awards. Rowan Trollope, Cisco’s senior vice president and general manager of its Internet of Things and Applications Business Group said it became much harder to keep enterprise apps running and performing well. With the importance apps have nowadays, and with AppDynamics being a cloud application and business monitoring platform, it will be a great addition to Cisco, as well as Cisco’s clients. "The combination of Cisco and… [Continue Reading]