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...
Any ideas what they amended?
Cisco Announces Intent to Acquire AppDynamics
11–20 of 65 posts
Re: Cisco Announces Intent to Acquire AppDynamics
#12[deleted]
Re: Cisco Announces Intent to Acquire AppDynamics
#13Does this bode well or badly for Snap and Spotify's IPOs?
Re: Cisco Announces Intent to Acquire AppDynamics
#14That'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.
Perhaps they had some insight that it wasn't going to be that strong? Public markets are very unforgiving if you have a few bad quarters. That 3.7B IPO could wind up a 2B company after a few of those. CISCO stock won't get crushed by a couple bad quarters from AppDynamics.
Re: Cisco Announces Intent to Acquire AppDynamics
#15We 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?
Not the OP but I prefer New Relic's User Interface. AppDynamics has much better Java integration though. Stackify has been trying to make waves and is certainly an option for .Net
Re: Cisco Announces Intent to Acquire AppDynamics
#16We 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?
We've literally just implemented it, as in this month, and I wasn't involved in the selection process, so I can't say I have a very strong opinion yet. On first blush, it's very similar to NewRelic, with a slightly clunkier UI and a saner price tag.
Re: Cisco Announces Intent to Acquire AppDynamics
#17We 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?
I've been using AppD for 2+ years, and it is better than nothing.
I have many complaints: Flash UI, data is rolled up almost immediately, use of averages, lots of capability is provided by ancient and unmaintained third party plugins. They have weird notions of compatibility (agent has to be same major version as controller) which leads to heartache when they don't migrate your SaaS controller when they said they would. Worst of all is several times the Java agent itself has been the source of a memory leak. I would expect more based on the price.
More recently, they have started trying to be all things to all people instead of being a fair-to-middling APM. Make it so I don't throw up in my mouth every time I use the UI and then we can talk.
Re: Cisco Announces Intent to Acquire AppDynamics
#18That'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.
It's over 100% more than the 1.7 billion they were estimated to IPO at. That's a huge premium.
And I might look at going long NEWR as their financials and prospects look the same and they're trading at 1.7b today.
Re: Cisco Announces Intent to Acquire AppDynamics
#19That'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.
Perhaps they had some insight that it wasn't going to be that strong? Public markets are very unforgiving if you have a few bad quarters. That 3.7B IPO could wind up a 2B company after a few of those. CISCO stock won't get crushed by a couple bad quarters from AppDynamics.
They've been increasing the initial offer price the last week as demand was high. From $10 to $14 a share. That's a positive sign for them.
To then get bought out at 100% premium from that is massively prosperous exit. Consider their last private valuation was 1.9 billion it sounds like the investors, founders and employees all have reason to celebrate tonight.
Congrats to them all for this very fortunate exit.
Re: Cisco Announces Intent to Acquire AppDynamics
#20Does this bode well or badly for Snap and Spotify's IPOs?
Probably zero impact given that they're in different industries...