ISMG Editors: Industry Impact of Cisco's Splunk Acquisition
In our latest weekly update, ISMG editors discuss key takeaways from a forum on developing a strategy for OT security, guidance issued by the U.S. Food and Drug
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In our latest weekly update, ISMG editors discuss key takeaways from a forum on developing a strategy for OT security, guidance issued by the U.S. Food and Drug
Cisco's acquisition of Splunk benefits Cisco's ongoing b shift towards more software and subscription-based services, but will cause churn in the market,
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.
By buying Splunk Inc. for $157 per share, Cisco will demonstrate its commitment to cybersecurity and AI-driven security.