Cisco, which earlier this week disclosed artificial intelligence-bolstered services to help attack IT skills shortages, is now adding to its machine learning capabilities by acquiring a Silicon Valley startup.
The technology giant is buying Perspica, adding to machine learning capabilities for analytics added earlier this year in its purchase of AppDynamics.
“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,” wrote Rob Salvagno, Vice President of Corporate Business Development, in a blog post.
“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.”
- VIDEO: Watch an overview of AppDynamics at https://www.youtube.com/watch?v=8h_3GrQSjKk
Financial details of the deal weren’t disclosed.
“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,” Salvagno said.
The acquisition is the 200th made by Cisco and continues the transformation of the company under CEO Chuck Robbins (a UNC-CH graduate) from hardware to software and services.
Cisco operates one of its largest corporate campuses in RTP.
Read more about the deal at:
https://blogs.cisco.com/news/cisco-announces-data-analytics-and-machine-learning-news
