Cisco's buying spree continued with Tuesday's news that its buying enterprise software company Dashbase to blend into its AppDynamics platform. Financial terms of the deal weren't disclosed.
Palo Alto, California-based Dashbase was founded four years ago by Alex Munk and John Wang, according to Crunchbase. Cisco will use Dashbase to increase the visibility capabilities in AppDynamics to help service provider customers troubleshoot issues. Three-years ago, Cisco bought AppDynamics for $3.7 billion to provide application visibility to help Cisco's customers find and fix application performance problems.
"Dashbase will enable customers to support broader and more highly unique and uncommon data sources across cloud and traditional environments in a scalable, high-performance way, giving them greater insight into performance issues," said Linda Tong, general manager of Cisco AppDynamics, in a blog post.
"The integration of Dashbase’s technology into the Cisco AppDynamics platform will enable customers to accelerate their digital transformation by unifying and taming the complexity of data across technology, user and business domains. We are thrilled to welcome the Dashbase team to AppDynamics, expanding our team with strong talent that has extensive experience building highly scalable data platforms."
RELATED: Cisco exec says ThousandEyes has been great during Covid
In May, Cisco announced it was buying network-monitoring company ThousandEyes and then closed the deal in August. While Cisco didn't disclose the financial terms, Bloomberg reported that Cisco paid close to $1 billion for ThousandEyes.
Cisco has integrated ThousandEyes into its AppDynamics platform, which has been especially useful during the Covid-19 pandemic. AppDynamics takes a snapshot of applications to find issues and anomalies. The AppDynamics information is combined with the network data that ThousandEyes' cloud agents collect. Using the combined data, Cisco can track a network or application issue down to end devices.
RELATED: Cisco strikes a deal to buy customer interaction company IMImobile for $730M
Earlier this month, Cisco announced it was buying London-based cloud communications software company IMImobile for $730 million, including debt. Cisco will leverage IMImobile's cloud communications software and services to create a customer experience as-a-service (CXaaS) offering to improve enterprises' customer experiences. That deal is slated to close in the first quarter of 2021.
Cisco, which was founded in 1984, has a long history of buying other companies to fill-in gaps in its technologies and services.