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Cisco buys big, Google gets aggro on bad ads and Zuckerberg is not the next president. But maybe the one after that? All this and more in The Daily Crunch for January 25, 2017.
1. Cisco buys AppDynamics just before its IPO
Cisco has acquired application performance measurement company AppDynamics almost on the eve of its IPO, for $3.7 billion. The acquisition was surprising, for sure, as we were preparing to cover the company going public later this week.
So how’d it come together? Basically renewed discussions between the two started up last week , and both possibilities were entertained until AppDynamics and Cisco arrived at an agreeable deal with considerable upside for the startup’s founders.
2. Google’s efforts to slow spread of bad info picked up in 2016
Google ended up taking down more than double the number of sketchy ads in 2016 vs. 2015. Whether that’s because there’s a general rate of decay in the quality of information going around on the internet in general, or because Google just saw a larger volume or got more serious about the task, it’s a sign of things to come.
