Announced
Completed
Financials
Tags
software development
Majority
Canada
Acquisition
Cross Border
Private Equity
Friendly
Single Bidder
Software
Private
Completed
Synopsis
Cisco, a software-defined networking, cloud, and security solutions provider, completed the acquisition of Accedian, a performance analytics and end user experience solutions provider, from Bridge Growth Partners, a technology investment firm. Financial terms were not disclosed. “We are very proud of the incredible transformation that Dion and the Accedian team has accomplished to become a global leader in network and application performance monitoring. At Bridge Growth, we strive to work closely with exceptional management teams to create lasting strategic value, with the goal to find the right home for our companies on behalf of all stakeholders. We look forward to Cisco implementing its vision to the benefit of all its customers,” Tom Manley, Bridge Growth Partners Partner.
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