GrowthPoint advises Replex GmbH on its acquisition by Cisco
San Francisco, CA – Today is a proud moment for GrowthPoint and its client, replex GmbH.
Cisco has completed the acquisition of replex, a privately held enterprise software company headquartered in Germany. Replex will help the AppDynamics team grow its product and engineering talent to expand product capabilities to better observe enterprise-scale, cloud-native environments. GrowthPoint’s deal team led by Nick DeRose and Rishi Mehta acted as replex’s exclusive financial advisor.
“We couldn’t be happier for Patrick, Tino, Dennis and the entire replex team. While Kubernetes is increasingly becoming the standard for enterprises who are cloud native, it does introduce complexity and limits cost visibility into those environments. Replex recognized these challenges early and it will be exciting to see how they can help accelerate AppDynamics’s observability vision,” said Nick DeRose, Managing Director at GrowthPoint Technology Partners.
Cisco originally announced its initial intent to acquire replex in an executive blog post from Linda Tong, GM, Cisco AppDynamics.
“The acquisition of replex will help AppDynamics grow its product and engineering talent with a view toward accelerating and expanding product capabilities that observe enterprise-scale, cloud-native environments. Replex’s deep expertise in Kubernetes, real-time data extraction and analytics will further strengthen AppDynamics’ world-class product and engineering team as we accelerate the delivery of Cisco’s Full-Stack Observability vision.” said Linda Tong, GM of AppDynamics.
For more information, see Cisco’s original announcement here