I heard the news about Cisco’s intent to acquire Splunk last week as I sat in a pub in central London. My immediate reaction was that Cisco is not doubling down but tripling down on network ...
SAN FRANCISCO--(BUSINESS WIRE)--Splunk Inc. (NASDAQ: SPLK), the cybersecurity and observability leader, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust ...
At Splunk .conf24, Cisco CEO Chuck Robbins and Go-to-Market President Gary Steele spoke to Splunk customers about the benefits of integrating the companies’ security and observability products and ...
Cisco to Acquire Splunk, to Help Make Organizations More Secure and Resilient in an AI-Powered World
SAN JOSE, Calif. and SAN FRANCISCO, Sept. 21, 2023 /PRNewswire/ -- Cisco (NASDAQ: CSCO) and Splunk (NASDAQ: SPLK), the cybersecurity and observability leader, today announced a definitive agreement ...
“Cisco is going to be able to identify trends, and then be able to take preventative action,” says Sentinel Technologies Chief Technology Officer Robert Keblusek. “If they bring these things together ...
Cisco beat EPS and revenue estimates, raising its 2024 revenue outlook to $53.6-$53.8 billion. The stock price remained flat, decreasing by only 0.13%. The fair stock price estimate is $63.63, with a ...
Shares of Splunk Inc (NASDAQ:SPLK) rose in early trading on Thursday, after Cisco Systems Inc (NASDAQ:CSCO) announced its intention to acquire the company for $157 per share. Analyst Keith Bachman ...
Cisco Systems Inc.’s $28 billion acquisition of Splunk Inc. represents a good outcome for Splunk and a strategic growth opportunity for Cisco. Splunk’s painful transition to a cloud and subscription ...
Splunk Inc. SPLK has cleared a significant regulatory hurdle in its proposed $28 billion merger with Cisco Systems Inc. CSCO, with the EU granting unconditional antitrust approval. This move marks ...
We maintained our $50 fair value estimate for shares of Cisco Systems CSCO after its fiscal third-quarter results aligned with our expectations, and we integrated the acquisition of Splunk (closed in ...
The new Unified Observability Experience offers customers a cohesive experience across Cisco and Splunk observability solutions, while establishing the foundation for future integrations. Integration ...
Three weeks later, investors are still not terribly enthusiastic about the massive Cisco-Splunk deal
In another indication that the market for technology transactions is gathering steam, Cisco announced last month its intention to buy Splunk for $28 billion. The networking company is spending a ...
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