Image:
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'.
The two companies announced the blockbuster acquisition agreement on Thursday, with Cisco planning to pay $157 per share in cash to buy San Francisco-based Splunk. This represents a nearly 31.3% pr...
To continue reading this article...
Join Computing
- Unlimited access to real-time news, analysis and opinion from the technology industry
- Receive important and breaking news in our daily newsletter
- Be the first to hear about our events and awards programmes
- Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
- Access to the Computing Delta hub providing market intelligence and research
- Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders
