Cisco expresses intent to buy Saggezza

The Advanced Analytics team from Saggezza will join the Cisco Enterprise Networking Engineering Group, led by Senior Vice President Ravi Chandrasekaran. The acquisition is expected to close in the fourth quarter of Cisco’s fiscal year 2017

Cisco expresses intent to buy Saggezza - IT Next
Recently, Cisco acquired Saggezza, a privately-held technology services company. 
 
The annoucement was made on its official blog by Rob Salvagno, Cisco's Vice President of Corporate Business Development. 
 
The Advanced Analytics team from Saggezza will join the Cisco Enterprise Networking Engineering Group, led by Senior Vice President Ravi Chandrasekaran. The acquisition is expected to close in the fourth quarter of Cisco’s fiscal year 2017.
 
"The Advanced Analytics team is a select group of platform analytics experts within Saggezza with unique capabilities in cloud and secure platform development. This team has been responsible for developing innovative technology that powers Saggezza’s internal analytics platform, which enables customers to rapidly acquire and analyze data, creating complex rules and new data visualization applications. With today’s announcement, we will acquire a cohesive and high-performing team of analytics experts to bolster our ongoing innovation in this space. Similar to our just-announced intent to acquire Viptela, the infusion of Saggezza’s talent and technology will help accelerate development efforts related to Cisco’s Digital Network Architecture (DNA), our transformational architecture to more effectively automate network operations," wrote Salvagno in the official blog.
 
In the last one year, Cisco has made several acquisitions in the analytics space: AppDynamics, Inc., Lancope, ParStream, among others. 
 
Salvagno believes that analytics will play a critical role in building the next-generation of simplified, dynamic and automated networks at Cisco. "Network analytics form a critical piece of Cisco’s goal to provide comprehensive, end-to-end analytics solutions that span the entire technology ecosystem—including network, cloud, datacenter, security, applications, and business processes," he wrote in the blog.
 

 

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