Cisco-AppDynamics deal may pave way for more unicorn buyouts

Cisco-AppDynamics deal may pave way for more unicorn buyouts

A visitor walks past a Cisco advertising panel as she looks at her mobile phone at the Mobile World Congress in Barcelona February 27, 2014. REUTERS/Albert Gea/File Photo

It was supposed to be the first technology IPO of 2017.

Less than a day before AppDynamics Inc. was set to price its shares Wednesday, a group of employees and investors flew to New York City to attend the traditional bell-ringing ceremony for new listings at the Nasdaq stock exchange, according to a person familiar with the details.

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