Cisco Confirms Deal for Network Monitoring Firm ThousandEyes


Cisco has confirmed an agreement to buy closely watched network monitoring specialist ThousandEyes for an undisclosed sum. (Bloomberg, earlier reporting talks, had cited a figure of $1 billion).

ThousandEyes was launched in 2010 — with a $150,000 federal grant — by two UCLA doctoral students and has raised backing from investors including GV; the venture capital arm of Alphabet, Inc.

It closed its fiscal year passing $100 million in contract bookings.

Founder Mohit Lad dropped his PhD at the UCLA Lab to work on

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