Bengaluru: As per news source, to fortify its observability platform, Cisco Systems is all set to buy Israeli application monitoring company Epsagon.
Epsagon’s technology will enhance Cisco’s full-stack observability platform that consists of the company’s other acquired assets from AppDynamics and ThousandEyes, as well as its own Intersight management platform.
the companies did not reveal financial terms of the upcoming transaction, but as per news source Cisco is investing $500 million to buy the observability firm.
Epsagon specializes in distributed tracing solutions for modern applications and technologies, including containers and serverless environments. The company‘s technology will join Cisco’s other solutions to provide deeper observability across the entire application lifecycle, network infrastructure and security. This will give IT teams more visibility across the stack so they can take quick actions, according to the two companies.
On the closure of the deal, team Epsagon will join Cisco‘s Strategy, Incubation and Applications group led by Liz Centoni.
“Epsagon’s technology and talent align well with Cisco’s vision to enable enterprises to deliver unmatched application experiences through industry-leading solutions with deep business context. By contextualizing and correlating visibility and insights across the full stack, teams can improve collaboration to better understand their systems, solve issues quickly, optimize and secure application experiences and delight their customers,” Centoni said in a blog post on the proposed deal.
