Thursday, March 23, 2017

Cisco Completes AppDynamics Buy

San Jose-based Cisco said Wednesday that it has completed its acquisition of application and business monitoring software developer AppDynamics. Cisco acquired AppDynamics in January, just as AppDynamics had embarked on an IPO. The deal was worth $3.7 billion in cash. AppDynamics was based in San Francisco, and led by David Wadhwani.