Cisco Systems (CSCO) Buys AppDynamics for $3.7 Billion - TheStreet

Cisco Systems Buys AppDynamics for $3.7 Billion

Cisco plans to add the software that helps monitor the performance of business systems.
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Cisco (CSCO) - Get Report plans to add the software that helps monitor the performance of business systems. AppDynamics, which is based in San Francisco, initially scheduled its initial public offering on Wednesday. The acquisition will be paid in cash as well as equity awards, Cisco announced in a statement.

This article was written by a staff member of TheStreet.