Wednesday, June 21, 2023

Cisco to acquire Accedian for Service Assurance

Cisco announced plans to acquire Accedian, a privately-held company based in Montreal that offers performance analytics and end user experience solutions. Financial terms were not disclosed. The deal is expected to close during the first quarter of Cisco’s FY24. 

Accedian's cloud-native Skylight service assurance solution provides granular, end-to-end visibility within “the massive multi” – multi-layer, multi-cloud, and multi-vendor networks. Skylight leverages its high-quality performance data, analytics and machine learning to identify, predict and prevent customer-impacting issues. It uses both hardware and software sensors across network traffic from Layer 2 to Layer 7 on physical, virtualized, and cloud infrastructure.

Accedian says its platform enables customers to launch new assured services based on 5G, SD-WAN and edge technologies. 

Accedian and Cisco have partnered on  a joint automation and assurance solution for service provider customers. 

“Accedian was born in the heart of the world’s largest and most complex networks,” said Dion Joannou, CEO of Accedian. “When we were acquired by Bridge Growth Partners, a leading technology investment firm, in 2017 we transformed the company, accelerated its growth, and evolved to a SaaS-first service assurance platform.  Microseconds matter to customers and customer experience, and precise, granular performance visibility is a foundational requirement for closed-loop automation, agile telco cloud environments, and latency-sensitive 5G services. We look forward to bringing our critical capabilities to a wider set of solutions within Cisco’s Networking portfolio and taking the next step in the partnership we have built with Cisco and our joint customers over the last years.”

In a blog post, Cisco's Kevin W writes  "Cisco has a unique opportunity to link that data into Cisco ThousandEyes’ cloud for end-to-end network assurance. We look forward to welcoming the  Accedian team and working to accelerate Cisco’s vision of bringing high-performance assurance to Service Providers. The  Accedian team will join my Data Center and Provider Connectivity organization within Cisco Networking."

https://blogs.cisco.com/news/cisco-announces-intent-to-acquire-accedian