• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechCisco Systems

Cisco Just Bought This Machine Learning Startup

By
Jonathan Vanian
Jonathan Vanian
Down Arrow Button Icon
By
Jonathan Vanian
Jonathan Vanian
Down Arrow Button Icon
October 19, 2017, 4:00 PM ET
Coins2Day Brainstorm TECH 2016
Coins2Day Brainstorm TECH 2016 WEDNESDAY, JULY 13TH, 2016: ASPEN, CO 9:00 AM A NEW MODEL FOR CONNECTIVITY Chuck Robbins, CEO, Cisco Interviewer: Andrew Nusca, Senior Editor, Coins2Day PHOTOGRAPH BY STUART ISETT/Coins2Day Brainstorm TECHStuart Isett—Coins2Day

Cisco is adding some machine-learning muscle to complement its big acquisition of AppDynamics in the spring.

The networking giant said Thursday that it bought the enterprise tech startup Perspica for an undisclosed amount. Perspica is a small San Jose, Calif.-based company with less than 20 employees that has raised $8.85 million, according to the deal-tracking service PitchBook.

Rob Salvagno, Cisco’s (CSCO) head of mergers and acquisitions, pitched the deal as a way for Cisco to augment its AppDynamics business. Cisco swooped in at the last minute to buy AppDynamics for $3.7 billion just prior to the startup’s proposed IPO.

Similar to AppDynamics, Perspica’s software tool are intended to be used by corporate IT staff. Whereas AppDynamics’ specialty is to spot flaws inside corporate software, Perspica’s tools aim to locate errors in the corporate infrastructure like the servers that power all that software. Like many startups today, Perspica’s tools incorporate machine-learning technology, a form of artificial intelligence, to speed up and improve the core functionality of its software services.

Get Data Sheet, Coins2Day’s technology newsletter.

The deal shows that Cisco is trying to expand AppDynamics’ capabilities to eventually contain some of the features of other IT infrastructure-monitoring tools like Splunk. It’s part of Cisco’s overall efforts to expand from just selling physical routers and switches to software services for IT staff.

In the spring, Splunk (SPLK) partnered with AppDynamics competitor New Relic (NEWR) to make their respective IT monitoring and software monitoring tools easier to use together.

About the Author
By Jonathan Vanian
LinkedIn iconTwitter icon

Jonathan Vanian is a former Coins2Day reporter. He covered business technology, cybersecurity, artificial intelligence, data privacy, and other topics.

See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.