Cisco is buying 400-employee startup ThousandEyes, which launched by using thrown-away computer servers and an unusual source of seed money
In fact, the two companies heldThousandEyes is a natural fit for Cisco, which plans to tuck the company into its Enterprise Networking and Cloud and AppDynamics cloud services. It comes as Cisco continues to build out an subscription software empire to go alongside its enterprise network hardware one.
In order to see the whole internet and measure it very precisely, they couldn't be using the very same cloud computing services they were monitoring, like Amazon Web Services. They had to have control over their own computers and equipment, and so they had to have their own data center. But building a data center is pricey, and they didn't have any money — but they also didn't want to spend their time trying to find investors.
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Cisco to acquire software firm ThousandEyesCisco Systems Inc has agreed to acquire privately held software maker ThousandEyes Inc, the network gear maker said on Thursday.
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Cisco acquires ThousandEyes for around $1 billion to make deeper push into softwareThousandEyes is the first acquisition Cisco made completely over the internet, thanks in part to its Webex video chat software.
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