Page 16 - Gary Steele News Today

Networking giant Cisco said it has reached an agreement to acquire unified security and observability platform developer Splunk for roughly $28 billion to 'drive the next generation of AI-enabled security and observability'.

Together, Cisco and Splunk want to tackle AI and data

On September 18, 2023, Gary Steele, President and CEO of Splunk Inc (NASDAQ:SPLK), sold 9,600 shares of the company.

Cisco said it was acquiring cybersecurity software company Splunk for $157 a share in a cash deal worth about $28 billion.

Cisco Systems Inc. (CSCO) announced Wednesday its agreement to acquire Splunk Inc. (SPLK), a c and observability company, for $157 per share in cash, representing around $28 billion in equity value.

Cisco is to acquire Splunk for $28 billion, or $157 per share. Executives have agreed to create one of the worlds leading software players, with significant expertise in cybersecurity.

Cisco announces its intent to acquire Splunk Inc. Together, we will drive the next generation of AI-enabled security and observability.

Cisco Systems, Inc (NASDAQ: CSCO) agreed to acquire Splunk Inc (NASDAQ: SPLK) for $157 per share in cash, representing approximately $28 billion 

Global networking giant Cisco on Thursday announced it is acquiring Splunk, the leader in cybersecurity and observability, for about $28 billion in the generative AI era.Upon close of the acquisition, Splunk's CEO, Gary Steele, will join ...

Cisco delivered big news about a whopper of a deal early Thursday, disclosing plans to spend $28 billion to acquire cybersecurity firm Splunk. Why do the deal? Cisco Chair and CEO Chuck Robbins explains.