Cisco to acquire internet monitoring solution ThousandEyes

Cisco to acquire internet monitoring solution ThousandEyes

3 years ago
Anonymous $-9GJQVHNr8

https://techcrunch.com/2020/05/29/cisco-to-acquire-internet-monitoring-solution-thousandeyes/

When Cisco bought AppDynamics in 2017 for $3.7 billion just before the IPO, the company sent a clear signal it wanted to move beyond its pure network hardware roots into the software monitoring side of the equation. Yesterday afternoon the company announced it intends to buy another monitoring company, this time snagging internet monitoring solution ThousandEyes.

Cisco would not comment on the price when asked by TechCrunch, but published reports from CNBC and others pegged the deal at around $1 billion. If that’s accurate, it means the company has paid around $4.7 billion for a pair of monitoring solutions companies.