Cisco Strengthens Cybersecurity with $28 Billion Splunk Acquisition
By buying Splunk Inc. for $157 per share, Cisco will demonstrate its commitment to cybersecurity and AI-driven security.
Source: techtimes.com
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Why Splunk Stock Popped Today | The Motley Fool
Splunk is soaring today after agreeing to be acquired by Cisco.
Source: fool.com
Cisco to Buy Splunk, a Software Company, for $28 Billion
The largest deal Cisco has ever announced moves it further away from its roots in network hardware and into higher-margin software subscriptions.
Source: nytimes.com
Stock Market Today: Stocks Fall as Treasury Yields Spike
Expectations for another potential rate hike sent yields on both the 2-year and 10-year Treasury bonds to their highest levels in almost two decades.
Source: kiplinger.com
Cisco to pay $28 billion to acquire Splunk
The deal will add another prominent cybersecurity company to Cisco’s portfolio. In the past eight months alone, the company has acquired email and AI cybersecurity firm Armorblox, cloud security firm Lightspin and network security business Valtix.
Source: scmagazine.com