Dashbase Buy Will ‘Strengthen’ Cisco AppDynamics Foundation
The tech giant revealed plans to buy software startup Dashbase for its logs and events analytics technology, which Cisco says will bolster its important AppDynamics business.
Cisco Systems is closing out the year by announcing its fifth acquisition in three months.
The tech giant revealed Tuesday its plan to buy privately-held Dashbase for its logs and events analytics skills. Once integrated into the Cisco AppDynamics platform, the software startup’s technology will strengthen visibility and unify data across multiple domains, Linda Tong, general manager of Cisco’s AppDynamics business, said in a blog post on the pending deal.
The two companies did not disclose financial terms of the acquisition.
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Palo Alto, Calif.-based Dashbase is known in the real-time communications space with its software that lets enterprises and service providers pull in log data from various communication environments.
Together with AppDynamics, Cisco’s cloud application and business monitoring business which the company bought in 2017 for $3.7 billion, Dashbase’s logs and events analytics technology improves case investigation and the issue resolution process with support for metrics, events, logs and traces, San Jose, Calif.-based Cisco said.
“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,” Tong said.
Upon close of the deal, Cisco will be welcoming the Dashbase team to AppDynamics, Tong said, adding that the companies are excited about the pending deal and how it will “strengthen the foundation of the Cisco AppDynamics platform” and broaden capabilities and scale to ingest and process data from cloud environments and cross-domain IT environments.
Cisco earlier this month revealed its plan to buy London-based contact center as a service (CCaaS) firm IMImobile PLC for approximately $730 million and Slido, an audience interaction technology specialist for an undisclosed sum.
Dashbase, founded in 2016, raised one round of seed funding in 2017 for an undisclosed sum, according to Crunchbase.