Cisco buying tech company one day before IPO! And they overpaid!

[S2007S]

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

 

[zdreg]

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

my question is did Wall Street purposely under-price the IPO?

 

[wintergasp]

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

 

[S2007S]

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

Ha-ha....if you only knew that chambers isn't CEO of Cisco any longer...