Cisco Announces Intent to Acquire Perspica
11/1/2017 Update: Pleased to share that the acquisition of Perspica is complete!
Earlier this year, Cisco announced the acquisition of AppDynamics – uniquely positioning Cisco to enable enterprises to accelerate their digital transformations by actively monitoring, analyzing and optimizing complex application environments at scale. Today, we are excited to announce the intent to acquire Perspica, the first acquisition to support and accelerate the AppDynamics vision.
In our experience working with the world’s largest companies, we know that machine learning is only as good as the data it ingests; only as relevant as the data’s timeliness; and only as valuable as the data’s business context. Cisco’s AppDynamics data sets span wherever the application components are deployed, and there is a massive opportunity to correlate this with user experience and business context.
With the addition of Perspica to our AppDynamics capabilities, customers will be able to further take advantage of machine learning capabilities to analyze large amounts of application-related data, in real time and with business context, including when an application is deployed in a company’s public, private and multiple cloud environments. Together, AppDynamics and Perspica can provide enterprises with a way to filter crucial signals from the noise and drive their growth based on the digital streaming insights of their businesses.
Since the AppDynamics acquisition, our teams have been focused on accelerating the core AppDynamics business. The broader architecture and value proposition has received tremendous reception by customers. The teams are working on several joint offers involving Cisco and AppDynamics products, and we are starting to see some positive synergies on the go-to-market side as well.
The Perspica acquisition is another example of bringing the power of Cisco to accelerate AppDynamics’ vision. AppDynamics can now benefit from the same approach to innovation that has helped accelerate so many of Cisco’s other businesses. In fact, this acquisition will mark a significant Cisco milestone – our 200th acquisition. Throughout the years we have used acquisitions in concert with our internal research and development engine and they continue to be a part of our build, buy, partner, invest and co-develop approach to innovation.
Today’s announcement is an exciting step in our machine learning capabilities, and allows us to continue to deliver our vision for helping companies with the future of digital business. The Perspica team will join Cisco’s AppDynamics group led by Senior Vice President and General Manager David Wadhwani within the Applications Group. We anticipate the acquisition will close in the second quarter of Cisco’s fiscal year 2018, following the customary closing conditions. You can learn more about how the technology will integrate with AppDynamics in this blog by Bhaskar Sunkara, VP Engineering.