Cisco may buy application monitoring company Epsagon for $500 mn: Reports
Cisco may buy application monitoring company Epsagon for $500 mn: Reports: As per news source, to fortify its observability platform, Cisco Systems is all set to buy Israeli application monitoring company Epsagon.
Epsagon’s technology will enhance Cisco’s full-stack observability platform that consists of the company’s other acquired assets from AppDynamics and ThousandEyes, as well as its own Intersight management platform.
the companies did not reveal financial terms of the upcoming transaction, but as per news source Cisco is investing $500 million to buy the observability firm.
Epsagon specializes in distributed tracing solutions for modern applications and technologies, including containers and serverless environments. The company‘s technology will join Cisco’s other solutions to provide deeper observability across the entire application lifecycle, network infrastructure and security. This will give IT teams more visibility across the stack so they can take quick actions, according to the two companies....Read More
Comments
Post a Comment