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Cisco's $28 billion Splunk deal may ignite software deal frenzy | Technology News

Splunk, a cybersecurity and data analytics firm, was in the process of shifting its business model from licensing its software to charging for subscriptions when it announced an agreement last week to sell itself to Cisco. ....

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Cisco to Acquire Cybersecurity Company Splunk for $28 Billion

On Thursday Cisco agreed to buy Splunk in a $28 billion deal intended to address AI-enabled security and observability issues. ....

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Cisco to buy Splunk in $28bn deal

Splunk president and CEO Gary Steele will join Cisco’s executive leadership team reporting to chair and CEO Chuck Robbins. ....

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Cisco made $20 billion-plus takeover offer for Splunk

Bid was made recently though companies aren’t currently in active talks, according to people familiar with the matter ....

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