Cisco's bought a machine learning startup to bolster AppDynamics, the company it bought for $3.7 billion on the eve of its IPO

Business Insider | 10/19/2017 | Becky Peterson
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Cisco is acquiring machine learning startup Perspica.

Perspica will be combined with AppDynamics, an application performance monitoring company that Cisco acquired in January for $3.7 billion.

Hope - Perspica - AI - AppDynamics - Complex

The hope is that Perspica's AI will help AppDynamics work faster and better across the complex IT setups that are common at most companies today.

Cisco on Thursday announced its intent to acquire a machine learning and data startup called Perspica. The San Jose-based Perspica team will join the existing crew at AppDynamics and the products will ultimately be merged into one.

Cisco - Perspica - Startup - Crunchbase

Cisco didn't say how much it paid for Perspica but the startup had raised $8.5 million, according to Crunchbase.

Cisco sent ripples through the enterprise market in January when it acquired AppDynamics in January at the premium price of $3.7 billion — the night before the startup was set to hold its initial public offering (IPO).

AppDynamics - Performance - Monitoring - Silicon - Valley

AppDynamics does application performance monitoring — Silicon Valley speak for a program that makes sure a website or cloud software is running well for customers.

Perspica's specialty is machine learning and data science, which Cisco plans to use to make AppDynamic's existing monitoring system better and faster. The goal is to use artificial intelligence to catch problems quicker.

Vision - Future - Performance

"Ultimately, it will enable us to deliver our vision for the future of performance that is infinitely scalable and...
(Excerpt) Read more at: Business Insider
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