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Cisco to buy Splunk in $28 billion deal, boosting defenses as use of AI widens

Cisco Systems Inc. plans to acquire cybersecurity firm Splunk in a $28 billion deal, marking Cisco s largest acquisition. The move will enhance Cisco s efforts in software and AI-powered data analysis and strengthen its defenses against potential security threats. ....

Chuck Robbins , Cisco Systems Inc , Silicon Valley , Cisco Systems , Artifical Intellegenc , Splunk Cybersecurity , Cybersecurity Engagement Centre ,

Splunk Shares Rally 22% Premarket on Takeover by Cisco

By Colin Kellaher Splunk shares surged in premarket trading Thursday after the analytics and security software company agreed to be acquired by Cisco Systems. ....

Colin Kellaher , Cisco Systems , Article Normal , Computers Consumer Electronics , Applications Software , Lan Wan Hardware , Telecommunications Equipment , Broadband Equipment , Financial Performance , Share Price Movement Disruptions , Ownership Changes , Acquisitions Mergers Shareholdings , Acquisitions Mergers , Corporate Actions , Corporate Industrial News , Content Types , Factiva Filters , C Amp Ampe Exclusion Filter , C Amp Ampe Industry News Filter , Share Price Movement , Industrial News , Consumer Electronics , Wan Hardware ,

Cisco to acquire Splunk in $28B mega deal

Cisco has a reputation of building the company through acquisitions, but it has tended to stay away from the really huge ones. With Splunk, it gets an observability platform that could fit nicely into its security business to help customers better understand security threats, while also helping parse oodles of log data to resolve other problems like helping understand system failures or troubleshoot myriad issues across a broad array of enterprise systems. Under the terms of the deal, Cisco is paying a hefty premium of $157 per share. ....

Chuck Robbins , Ray Wang , Gary Steele , Constellation Research , Splunk Observability , Silver Lake Partners , Threat Detection , Chuck Robbins , Plunk President And Ceo Gary Steele ,

Cisco CFO: Fears of the Federal Reserve not a factor in $28 billion deal for Splunk

Cisco is pulling the trigger on a huge deal. It's not worried about the Fed. ....

Federal Reserve , Scott Herren , Splunk Stock ,

Cisco to acquire Splunk for $28bn to drive 'AI-enabled security and observability'

Networking giant Cisco said it has reached an agreement to acquire unified security and observability platform developer Splunk for roughly $28bn to "drive the next. ....

Gary Steele , Chuck Robbins , San Jose , California Based Cisco , San Francisco Based ,