Cisco to buy AppDynamics for $3.7b in growth push

Cisco to buy AppDynamics for $3.7b in growth push

The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. REUTERS/Jim Young/File Photo

Cisco Systems Inc said on Tuesday that it agreed to buy U.S. business software company AppDynamics Inc for about $3.7 billion, one of its largest deals in recent years as the company seeks growth in areas outside of its core networking business.

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