Technology markets can move fast. Nothing demonstrates that better than today’s announcement that Cisco is buying Splunk in a $28 billion deal. First, rewind to 2020. Splunk was a leader in a market ...
Cisco has integrated Splunk analytics directly into its core data-center network management package, which the company says will help customers significantly speed network fault detection, reduce ...
Sept. 21, 2023 Updated Thu., Sept. 21, 2023 at 11:38 a.m. The Splunk office is shown in San Jose, Calif. Cisco Systems has agreed to buy Splunk for $28 billion. (David Paul Morris/Bloomberg) Cisco ...
Cisco to Acquire Splunk for $28 Billion, Accelerating AI-Enabled Security and Observability Your email has been sent When will the Cisco/Splunk deal close? Why this acquisition is a good move for ...
On Thursday, Cisco Systems CSCO announced its plans to acquire Splunk SPLK for $28 billion ($157 in cash per share), a 31% premium to Splunk’s Sept. 20 closing price. Cisco aims to expand its ...
'We will revolutionize the way our customers leverage data to connect and protect every aspect of their organization as we help power and protect the AI revolution,’ said Cisco CEO Chuck Robbins today ...
Three weeks later, investors are still not terribly enthusiastic about the massive Cisco-Splunk deal
In another indication that the market for technology transactions is gathering steam, Cisco announced last month its intention to buy Splunk for $28 billion. The networking company is spending a ...
Cisco, the worldwide leader in networking and security, announced that Splunk will help TPG Telecom accelerate its transition to an AIOps-driven Service Operations Centre — boosting service ...
Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against security threats that may be heightened by the widening use of artificial intelligence. The ...
Cisco Systems' recent financial results were strong, but the planned acquisition of Splunk for $28 billion adds operational and financial risk without adding significant value. The acquisition brings ...
Cisco to Acquire Splunk, to Help Make Organizations More Secure and Resilient in an AI-Powered World
SAN JOSE, Calif. and SAN FRANCISCO, Sept. 21, 2023 /PRNewswire/ -- Cisco (NASDAQ: CSCO) and Splunk (NASDAQ: SPLK), the cybersecurity and observability leader, today announced a definitive agreement ...
Cisco Systems Inc.’s $28 billion acquisition of Splunk Inc. represents a good outcome for Splunk and a strategic growth opportunity for Cisco. Splunk’s painful transition to a cloud and subscription ...
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