Networking giant Cisco has acquired application monitoring firm Epsagon with a view to putting its tech under the bonnet of Cisco’s products and services.
Epsagon will be integrated into Cisco’s Strategy, Incubation and Applications division and will expand Cisco’s advanced full-stack observability strategy.
The startup has offices in New York and Tel Aviv, distributes tracing systems for modern applications and services, including containers and server-free environments.
The value of the acquisition hasn’t been publicly disclosed but a rough guess based on Globes suggests it should be about $500 million.
Cisco’s senior VP and chief strategy office Liz Centoni said, businesses must fast-track their “innovation timelines” or they’ll be overtaken by their rivals.
Businesses are doing this by adopting cloud-native technologies, microservices and containerised components on a massive scale. This has led to a rise in the complexity of IT environments, with firms like Epsagon stepping in to track the performance of the components that make up a firm’s digital infrastructure.
“Cisco’s approach to full-stack observability gives our customers the ability to move beyond just monitoring to a paradigm that delivers shared context across teams and enables our customers to deliver exceptional digital experiences, optimise for cost, security and performance and maximise digital business revenue”, Centoni said.
