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Cisco is to acquire Splunk for $28 billion, or $157 per share. Executives have agreed to create one of the world's 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.