Cisco Announces Intent to Acquire AppDynamics

#1

Post by roobeelee » Wed, Jan 25, 2017, 12:59 AM UTC

Cisco Announces Intent to Acquire AppDynamics
blogs.cisco.com

Re: Cisco Announces Intent to Acquire AppDynamics

#2

Post by codemac » Wed, Jan 25, 2017, 1:23 AM UTC

So I guess that IPO ain't happening. They amended their S-1 today, so sounds like this was a pretty quickly made deal.

https://www.sec.gov/Archives/edgar/data/1435043/000119312517...

Re: Cisco Announces Intent to Acquire AppDynamics

#3

Post by AlexB138 » Wed, Jan 25, 2017, 1:26 AM UTC

We just implemented AppDynamics. I can't say this hits me as good news. Hopefully Cisco is hands off with them.

Re: Cisco Announces Intent to Acquire AppDynamics

#4

Post by ejcx » Wed, Jan 25, 2017, 1:26 AM UTC

That's very interesting since they were IPOing. The price reported at 3.7B is not much higher than what was expected from their IPO.

2017, in my opinion, is going to be a very interesting year in tech.

Re: Cisco Announces Intent to Acquire AppDynamics

#5

Post by SteveNuts » Wed, Jan 25, 2017, 1:34 AM UTC

AlexB138 wrote: post #3

We just implemented AppDynamics. I can't say this hits me as good news. Hopefully Cisco is hands off with them.

How is AppDynamics compared to the other tools in your experience?

Re: Cisco Announces Intent to Acquire AppDynamics

#6

Post by tptacek » Wed, Jan 25, 2017, 1:37 AM UTC

AlexB138 wrote: post #3

We just implemented AppDynamics. I can't say this hits me as good news. Hopefully Cisco is hands off with them.

Cisco is usually pretty hands-off with companies, at least more so than other large acquirers. Google and Facebook acquire teams for talent, but have relatively well-planned product lines. Cisco has expansive product lines which it grows through acquisition. Very few Cisco products originate from within Cisco.

Re: Cisco Announces Intent to Acquire AppDynamics

#7

Post by bklyn11201 » Wed, Jan 25, 2017, 1:39 AM UTC

ejcx wrote: post #4

That's very interesting since they were IPOing. The price reported at 3.7B is not much higher than what was expected from their IPO. 2017, in my opinion, is going to be a very interesting year in tech.

My reading indicates that AppDynamics was going to be valued very similarly to New Relic, somewhere around $1.75B.

http://tomtunguz.com/appd-s-1/

http://seekingalpha.com/article/4037830-new-new-relic-side-s...

Re: Cisco Announces Intent to Acquire AppDynamics

#8

Post by dmode » Wed, Jan 25, 2017, 1:40 AM UTC

Taxes, death, and Cisco acquiring a company..

Re: Cisco Announces Intent to Acquire AppDynamics

#9

Post by argonaut » Wed, Jan 25, 2017, 1:41 AM UTC

AppDynamics looked like it was going to have a successful IPO, indicating a welcome market for future enterprise tech IPOs. Interestingly, it's in Cisco's best interest to have a cold IPO market.

Re: Cisco Announces Intent to Acquire AppDynamics

#10

Post by smb06 » Wed, Jan 25, 2017, 2:03 AM UTC

Cisco wants to move up the application stack so it would make sense for them to have someone that can give them application level visibility.