I understand Cisco has acquired multiple companies in the past. AppD, ThousandEyes, Meraki etc. Can someone who has had a first hand experience explain how is it? What are the timelines? Are there layoffs before acquisition close? After close? Who are impacted? Is engineering impacted? How's the culture? For Splunk, I think acquisition will close next year somewhere in July-Aug timeframe afaik. #splunk #cisco #appdynamics #thousandeyes
Yes, Splunk will operate independently for a year or two. If they don’t execute or not meet expectations on revenues, it will be folded like appD. Cisco leadership will take over. Then pay will be lowered, there will be constant layoffs and politics will 10x. If things don’t improve, then it will be sold to competitors like Springpath
Sorry about the acquisition, usually the pay and culture will go down. Then if It does not perform as expected, It will get folded, like what Intuit does to Mint today.
Came from a former acquisition. By law they can't touch you for 18 months. Splunk will continue to operate as it's own BU. Eventually splunk will be rolled into an existing BU, but product SME's will largely be insulated. Edit: for what it's worth, my pay was not reduced. Politics are a thing but fairly easy to navigate.
Given the size of Splunk, it’s more likely one of the BUs will be rolled into Splunk. Maybe Security.
They're not going to roll SBG in to Splunk. Splunk will end up in SBG and likely in cloud vs netsec.
Whoever has the stronger arm will lead Splunk. End result is the same, sinking boat
I have first hand knowledge of how this is handled from being involved in 4 Cisco acquisitions. The only honest answer is “it depends”. I am not involved in the Splunk acquisition (yet), but given its size I think you expect the following: 1. Corp Dev will have a set of milestones/targets the acquired company will need to hit during the acquisition process leading to close, there may be post-acquisition bonuses for executives in the acquired company tied to these. This is usually about speeding the process up and making sure it gets regulatory approval. As an employee in an acquired company you may see goal/roadmap shifts to address these items. 2. Acquired businesses generally keep most of their staff including support roles like Finance, Legal, HR, IT at least initially. These roles have the job of assisting integrating the acquired company into the Cisco systems once the acquisition closes. Generally support roles and sales are the primary teams impacted by redundancies after an acquisition. 3. Cisco will continue allowing the acquired company to maintain its org and reporting structure with a shift in top level or dotted line reporting. As long as the agreed targets/goals are met for the 3-5 years post-acquisition you should expect this to mostly remain unchanged. When goals slip or at the 5+ year mark is when you will see Cisco take a heavier hand in it. Meraki was untouched for 8 years and now it’s being Ciscofied. ThousandEyes is on year 3 currently and still untouched. Webex, AppD, Duo, and other acquisitions didn’t get so lucky and have been changed drastically because targets were missed. 4. Top IC roles in R&D (Product, Design, Engineering) will usually get sizeable retention bonuses as stock grants as part of the acquisition. Once that dries up you’ll be on whatever the Cisco compensation plan is for your grade level. That said, Cisco gives SVP/VP level wide latitude to recommend sizeable additional grants and if you perform well your leadership chain is empowered to do so. Most Meraki/TE folks got large refreshers post acquisition to help maintain reasonable compensation and this is why other Cisco people want to move into these BUs. Comp in acquisition BUs that perform well is usually 20%-30% higher than Cisco otherwise due to additional stock refreshers. 5. How all of it goes is ultimately up to three things: a. How well your BU meets goals. b. How good your senior leadership is at corporate politics. c. Which Cisco ELT member you get put under.
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I was at Meraki. They left us alone for a very long time but eventually turned our culture into that of mainland Cisco. Lowered our pay structure and benefits. Made us start using their silicon Edit : have fun onboarding their stupid Cisco Secure Development whatever. You’ll be in endless meetings where you get to talk about work. And they’ll make you do Cisco security “ninja” training
Just joined mearki from Cisco and can second this The culture is going to shit right now Also cisco managers creeping in into Meraki making it more worse