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New Deal


Announced

Completed

Cisco completed the acquisition of ThousandEyes for $1bn.

Financials

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Transaction Value£813m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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enterprise software

saas

Single Bidder

United States

Private

Software

Acquisition

application software

cloud computing

internet solutions

Majority

cloud infrastructure solutions

Friendly

Completed

Private Equity

Domestic

Disposal

Synopsis

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Cisco Systems, an American multinational technology conglomerate, completed the acquisition of ThousandEyes, a network intelligence company, for $1bn. “I’m excited to welcome the ThousandEyes team to Cisco. The combination of Cisco and ThousandEyes will enable deeper and broader visibility to pinpoint deficiencies and improve the network and application performance across all networks. This will give customers end-to-end visibility when accessing cloud applications, and Internet Intelligence will improve networking reliability and the overall application experience,” Todd Nightingale, Cisco Senior Vice President and General Manager.

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