Splunk Acquisition News Today

In our latest weekly update, ISMG editors discuss key takeaways from a forum on developing a strategy for OT security, guidance issued by the U.S. Food and Drug

Ciscos acquisition of Splunk benefits Ciscos ongoing b shift towards more software and subscription-based services, but will cause churn in the market,

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.

By buying Splunk Inc. for $157 per share, Cisco will demonstrate its commitment to cybersecurity and AI-driven security.