Cisco Announces Intent To Acquire ThousandEyes

May 29, 2020

Willkie represented Cisco in its acquisition of cloud-activity monitoring software provider ThousandEyes, Inc.

On May 28, Willkie client Cisco (NASDAQ: CSCO) announced its intent to acquire privately held ThousandEyes, Inc. headquartered in San Francisco. ThousandEyes' Internet and Cloud intelligence platform delivers deep visibility and insights into the digital delivery of applications and services over the Internet.

The acquisition will enhance Cisco's network performance and monitoring capabilities across the enterprise and into the cloud. The combination of Cisco's expertise in network and application performance and ThousandEyes' visibility into the Internet will provide customers with an end-to-end view into the digital delivery of applications and services over the Internet, allowing them to pinpoint deficiencies and improve network and application performance across enterprise and cloud networks.

Additionally, common tooling and sharing datasets for application and network health will help remove silos, giving IT teams real-time visibility into application performance degradation issues. This acquisition will also empower enterprises to accelerate their digital transformation, no matter where they are in their journey, by delivering comprehensive visibility into applications and services delivered to customers and employees.

Cisco will incorporate ThousandEyes' capabilities across Cisco's core Enterprise Networking and Cloud, and AppDynamics portfolios to enhance visibility across the enterprise, Internet and the Cloud. The acquisition is expected to close before the end of Cisco's Q1 FY'21. ThousandEyes will join Cisco's newly formed Networking Services business unit.

Cisco is the worldwide technology leader that has been making the Internet work since 1984.

The multidisciplinary Willkie team was led by corporate partner Craig Menden and included intellectual property partners Tiffany Lee and Matthew Berger and corporate associates Jenny Liu and Kristen Killian.