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Cisco Systems (NASDAQ:CSCO) premium-priced cash takeover of Splunk Inc (NASDAQ:SPLK) may be the first ripple in a ‘tidal wave’ of software M&A heading for...
The companies will combine efforts to offer more software solutions aimed at AI cybersecurity.
In the AI cybersecurity arms race, Wedbush’s tech analyst Dan Ives says, the largest deal in Cisco’s history could be a game-changer.
Cisco and Splunk's complementary capabilities will provide observability across hybrid and multi-cloud environments enabling the company's customers to deliver smooth application...
The transaction is expected to be cash flow positive and gross margin accretive in the first fiscal year post close and non-GAAP EPS accretive in year two, , cisco, acquistion, Splunk