Advertisement

Cisco to buy Perspica and fold engineering team into AppDynamics

Cisco to buy Perspica and fold engineering team into AppDynamics
From TechCrunch - October 19, 2017

Cisco announced today that it intends to acquire Perspica, a machine learning-driven operations analytics firm that has raised $8.5 million. Cisco intends to fold Perspicas team into AppDynamics, the company it purchased earlier this year for $3.7 billion.

Cisco did not share the Perspica purchase price.

All of these machinations have a purpose. Cisco is of course at its heart a networking hardware company. Over the past several years, it has been spending its considerable cash on handit had around $70 billion as of July, according to Ychartsto buy companies and transform into more of a services company.

AppDynamics is at its heart an application performance monitoring company, meaning it helps companies understand how their applications are performing and what hardware and software relationships are affecting the performance. That has an impact on customer experience, and AppDynamics has taken that a step further by trying to understand the business processes behind the applications to improve those experiences more directly and also understand the influence of experience on a companys bottom line.

That brings us to Perspica, a startup that is looking at applying machine learning to large amounts of operations data (not unlike Splunk), and surfacing problems when they appear. This fits rather nicely with what AppDynamics doing, and with Ciscos overall data-driven strategy.

While AppDynamics CEO David Wadhwani says his company has its share of data scientists, this deal brings a new influx of talent (although they were not sharing exactly how many employees are coming from Perspica) and one that understands a particular kind of machine learning. Instead of analyzing the data after its placed in the database, Perspica brings machine learning to data in real time as it streams into the system, and for a company like AppDynamics, this could prove very useful, especially as they monitor increasing amounts of data from a variety of endpoints.

Advertisement

Continue reading at TechCrunch »