HALISTER: Cisco to Buy AppDynamics for $3.7b in Cash, Assumed Equity

Cisco to Buy AppDynamics for $3.7b in Cash, Assumed Equity

(Bloomberg) -- Cisco says AppDynamics to continue to be led by CEO David Wadhwani as a new software business unit in the company’s IoT and applications business.
  • Sees closing in 3Q
  • NOTE: Jan 23, AppDynamics IPO Price Said to Be Expected Above Range
Link to Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
CSCO US (Cisco Systems Inc)
APPD US (AppDynamics Inc)

People
David Wadhwani (AppDynamics Inc)

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