Cisco to Buy Splunk for $28 Billion in Giant AI-Powered Data Bet
Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into
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Cisco Systems Inc. agreed to buy Splunk Inc. in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into
The deal will immediately boost earnings—and it provides some new growth options for Splunk.
The technology sector isn't known for its dividends. For one, many tech companies prioritize reinvesting their profits into research and development to fuel innovation and stay competitive. The industry also is characterized by rapid growth and evolution, and companies often prefer to retain earnings to fund expansion and new ventures. But one tech company has been delivering not just steady but increasing dividends to investors year after year: Microsoft Corp. (NASDAQ:MSFT) Don’t Miss: Investin
Microsoft Corp.‘s MSFT artificial intelligence (AI) cloud-computing services may yield higher profits than initially anticipated, according to financial…