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Cisco to buy Splunk for $28bn

Networking giant Cisco said it has reached an agreement to acquire unified security and observability platform developer Splunk for roughly $28 billion to 'drive the next generation of AI-enabled security and observability'. ....

Chuck Robbins , Gary Steele , San Francisco Based ,

Cisco to Acquire Splunk, to Help Make Organizations More Secure and Resilient in an AI-Powered World

Cisco to Acquire Splunk, to Help Make Organizations More Secure and Resilient in an AI-Powered World
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Cisco To Buy Cybersecurity Firm Splunk In $28 Bln Deal; Stock Down In Premarket

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. ....

Gary Steele , Chuck Robbins , Morgan Stanley Co , Cisco Systems Inc , Cisco Executive Leadership Team , Splunk Inc , Tidal Partners , Cisco Systems , Splunk President , Executive Leadership Team , Qatalyst Partners , Morgan Stanley , Splunk Acquisition ,

Cisco beefs up cybersecurity play with $28-billion Splunk deal

Cisco’s offer price of $157 per share in cash represents a premium of about 31% to Splunk’s Wednesday close ....

Swaine Moore , Cisco Systems , Meagher Flom , Morgan Stanley Co , Simpson Thacher Bartlett , Log Increate Free , Simpson Thacher , Qatalyst Partners , Morgan Stanley , Cisc Cn , Splk Q ,

Cisco beefs up cybersecurity play with $28 billion Splunk deal, ET Telecom

“.Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value,” the companies said in a joint statement Thursday. “Combined, Cisco and Splunk will become one of the world’s largest software companies and will accelerate Cisco’s business transformation to more recurring revenue,” it added. ....

Cisco Systems , Plunk Deal , Telecom Equipment ,