Deal of the WeekDeal of the Week

62: AppDynamics Chooses Sale Over IPO

View descriptionShare

AppDynamics was set to be the first technology initial public offering in 2017 -- and then it was over. Cisco swooped in and bought the technology "unicorn" for $3.7 billion on the eve of its IPO. That's almost $2 billion more than AppDyanmics's most recent private valuation. Dozens of AppDynamics employees were on a plane heading to New York to ring the bell at the Nasdaq, only to learn that the company had sold itself. Will we see more 11th-hour sales of companies set to IPO? Bloomberg's Alex Barinka speaks with host Alex Sherman.

 
  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

Deal of the Week

Bloomberg M&A reporters, joined by outside experts and members of Bloomberg's Deals team, examines t 
Social links
Follow podcast
Recent clips
Browse 121 clip(s)