After AppDynamics sale, is anyone going to snap up the rest of the APM market?
Cisco’s purchase last week of application performance management vendor AppDynamics for $3.7 billion in cash and assumed equity awards could signal that the APM sector in general is a potential M&A target, according to industry analysts.
The APM market, which Gartner last summer said grew to $2.7B billion in 2015, is fragmented, and has been for some time. That means that consolidation may be overdue, with Cisco’s AppDynamics buy marking the start of the race.
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