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CEO Chuck Robbins is bullish about the largest acquisition in Cisco's nearly 40-year history with the acquisition of Splunk for a whopping $28bn. Robbins expects...
On theCUBE Pod: What the MGM hack tells us and thoughts on Cisco buying Splunk - SiliconANGLE
Splunk Inc. (NASDAQ:SPLK – Get Free Report) saw unusually-high trading volume on Friday after Truist Financial raised their price target on the stock from $130.00 to $157.00. Truist Financial currently has a buy rating on the stock. Approximately 1,584,905 shares traded hands during trading, a decline of 9% from the previous session’s volume of 1,738,673 […]
On Thursday Cisco agreed to buy Splunk in a $28 billion deal intended to address AI-enabled security and observability issues.