Yet another classic example of an old school tech company buying into the new wave of the hyped up tech world. Buying a company one day before its IPO at $3.7 billion!!! They were selling shares tomorrow valued at less than $2 billion....best bet for Cisco would have been to wait it out and scoop it up for a few hundred million than a few billion..... Cisco buys tech IPO candidate AppDynamics for $3.7 billion Cisco just snapped up AppDynamics for $3.7 billion, one day before the software developer was scheduled to sell shares to the public at a valuation of less than $2 billion. AppDynamics develops software to help companies ranging from Capital One Financial to Expedia monitor their mobile apps and websites for bugs and fix them before customers drop off. http://www.cnbc.com/2017/01/24/cisco-buys-tech-ipo-candidate-appdynamics-for-37-billion.html
You clearly have no clue of how merchant banking works. Chambers, the CEO of Cisco, is paid 60m$ a year and you believe what... that he didn't know the IPO valued the company at 2 Bn ? Huh well thank god you're here, you should short cisco