Cisco to Acquire AppDynamics for $3.7 Billion

On January 24, 2017, Cisco announced its intent to acquire AppDynamics, a privately held application intelligence software company, for approximately $3.7 billion in cash and assumed equity awards. Wilson Sonsini Goodrich & Rosati is representing AppDynamics in the transaction.

AppDynamics' cloud application and business monitoring platform enables the world's largest companies to improve application and business performance. The company will continue to be led by CEO David Wadhwani as a new software business unit in Cisco's Internet of Things and Applications business.

The acquisition is expected to close in Cisco's third quarter of fiscal year 2017, subject to customary closing conditions.

The WSGR team representing AppDynamics in the transaction includes:

M&A:
Mike Ringler
Denny Kwon
John Olson
Andrew Kirkpatrick

Corporate:
Jeff Saper
Dave Segre
Jon Avina
Jordan Coleman
Melissa Rick
Wendy Guo
Brendan Brown
Amit Bhatti

Employee Benefits and Compensation:
David Thomas
Brandon Gantus
Mark Cornillez-Ty
Matthew Norgard

Employment Law:
Rebecca Stuart
Laura Fauber

Tax:
Ivan Humphreys
Myra Sutanto Shen

IP - Technology Transactions:
Parag Gheewala
James Gannon
Negin Mashaiee
Kevin Rivers
Nayha Zubair

Privacy and Data Protection:
Matthew Staples

Antitrust:
Scott Sher
Christopher Williams
Roisin Comerford

Regulatory:
Lawrence Perrone
Anne Seymour

For more information, please see Cisco's press release.