Cisco escalated its AppDynamics buyout offer to 2.5x the IPO price
Jyoti Bansal · How Harness runs 16 “startups within a startup” at scale | Jyoti Bansal (Co-founder and CEO) · Nov 19, 2025 · at 37:19
Jyoti Bansal details how Cisco preempted AppDynamics' planned IPO with escalating offers just days before the company was scheduled to ring the Nasdaq opening bell.
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“And this conversation started three days before the IPO Cisco came in and said, you know, we'll, we'll pay you more than you. The price you will list. And we said, no, it's, we'll go IPO. Said, no, they came with another price, which is like, we'll pay you more than one and a half times of your IP, what you would, what you will trade at. We said, no, then so we'll pay you two and a half times of what you will trade at.”
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