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AppDynamics update pinpoints performance issues inside Docker containers
AppDynamics released an update today with a nod toward the growing trend of containerization. The company, which was purchased by Cisco earlier this year for $3.7 billion, wants to help customers using Docker containers pinpoint performance issues. Cisco scoops up yet another cloud company, acquiring SD-WAN startup Viptela for $610M
Cisco has been rather acquisitive in recent years, buying 19 companies since 2015; today it announced it was acquiring cloud-based SD-WAN vendor Viptela for $610 million in cash. Viptela was founded in 2012 and had raised more than $108 million, including its most recent $75 million round just last May. The $610 million price tag appears to be a nice return for investors. Read More
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Cisco-AppDynamics $3.7 billion deal all about the data
When Cisco bought AppDynamics last night for $3.7 billion, it was initially a bit of a shocker, partly because of the timing, just days before the startup was scheduled to IPO. While the acquisition was clearly part of a longer term strategy by Cisco to shift focus from its hardware business to one based more on cloud software, at its core, the deal was a pure data play. Data has taken… Read More
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Why the $3.7 billion AppDynamics acquisition happened right before IPO
Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when it learned that Cisco was interested in discussing a potential deal. Preliminary talks were abandoned in November, but the discussion just picked up again last week. The deal was announced today and the IPO was slated to price tomorrow. Although many companies seek… Read More
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Cisco snaps up AppDynamics for $3.7B right before its IPO
Cisco said today that it would acquire AppDynamics, which helps companies monitor application performance, for a whopping $3.7 billion. And now, it would seem that AppDynamics’ long-awaited IPO (this week!) has been called off in favor of a giant acquisition. It isn’t Cisco’s first major acquisition in recent memory — in fact, the company has been quite active —… Read More
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Cisco strengthens Spark meetings management with Worklife acquisition
Cisco announced today that it was acquiring Worklife, a member of the Y Combinator winter 2015 class, for an undisclosed sum. Worklife was founded with the idea of improving online meetings, something that Cisco has been working on for years. It of course owns WebEx and has been trying to enhance that experience in recent years with Cisco Spark. Cisco intends to add the Worklife team to… Read More
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Cisco confirms it will cut up to 5,500 jobs, or 7% of its global workforce
We caught wind earlier this week that Cisco was planning a major cost-cutting operation to reduce its costs by around 15% throughout the month. It looks like the first stage of that is a round of cut jobs, with Cisco announcing as part of its earnings report that it will cut up to 5,500 jobs, or 7% of its workforce. The move isn’t unexpected as Cisco works to transition to a new era where… Read More
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Sources: Cisco planning 15 percent cost reduction this month
Sources are telling TechCrunch that Cisco is planning a significant cost reduction this week, which could involve budget cuts and layoffs. We’ve been hearing that the reductions will be announced on August 17th or 18th and that they will be a part of a push to cut costs by 15 percent, with managers given some flexibility around how they implement this. “A cost reduction of 15%… Read More
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Apple’s latest foray into the enterprise involves deeper integration with Cisco
Lost in the hubbub of today’s two hour-plus Apple WWDC keynote was an announcement of deep integration between Apple and Cisco in the upcoming release of iOS 10 — yes, you read it correctly, Cisco. When it comes to enterprise partnerships, IBM has gotten the lion’s share of the attention. More recently, SAP made a high-profile partnership announcement of its own, but… Read More
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Cisco bringing advanced search to Spark platform with Synata acquisition
Cisco announced it has purchased Synata, a search startup that allows users to search across on-premise or cloud repositories simultaneously. Cisco plans to integrate the Synata technology into its Spark communications platform (which should not to be confused with Apache Spark). While Cisco usually reveals purchase prices, because it was under $100 million, it chose to keep this one… Read More
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