Stay updated with breaking news from Gary Steele. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.