Tag Archives: value

Cisco Pays $3.7 Billion, Almost Double to Buy AppDynamics

Cisco Systems is acquiring AppDynamics for a whopping $3.7 billion, almost double the estimated price in its IPO filing that valued the company at $1.72 billion. While AppDynamics is ready to forgo IPO route to profit its promoters, Cisco is keen to add software face under its new market strategy. With the acquisition, Cisco wants end its image as maker ...

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