The $3.7Bn acquisition of loss making AppDynamics by CISCO demonstrates that legacy system vendors, such as CISCO, are willing to pay a significant premium over the public market to secure certain strategic new technology assets.
Cisco to Buy AppDynamics for $3.7 Billion AppDynamics was to go public this week Cisco Systems plans to buy AppDynamics for about $3.7 billion. Cisco Systems Inc. is buying software company AppDynamics Inc. for $3.7 billion, plucking the startup from IPO registration at a big premium in an effort to bolster its software offerings to large enterprise customers.
http://www.wsj.com/articles/cisco-to-buy-appdynamics-for-3-7-billion-1485307482
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