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Following the first Cisco takeover purchase, acquisitions have constituted 50 percent of the company's business activity. [2] The company's largest acquisition as of October 2023 is the purchase of Splunk—a software company that develops software for the analysis and monitoring of machine-generated data— US$ 28 billion. [3]
Cisco Systems has agreed to buy cybersecurity firm Splunk for about $28 billion in its biggest-ever deal to beef up its software business and capitalize on the rising use of artificial ...
It still needs approval from Splunk shareholders. Shares of Cisco Systems Inc. fell nearly 4% in early morning trading on Thursday, while Splunk's stock surged more than 20%.
Cisco is acquiring cybersecurity software company Splunk for $157 a share in a cash deal worth about $28 billion, the company said Thursday.
Pfizer made a hostile bid, just after the announcement of a $65 billion deal with American Home Products, the eventual purchase price would be in excess of $90 billion. [451] [452] [453] 20 1999 Deutsche Telekom: Telecom Italia: 81.0 148.1
Splunk at AWS Summit. Splunk Inc. is an American software company based in San Francisco, California, [2] that produces software for searching, monitoring, and analyzing machine-generated data via a web-style interface. [3]
Cisco would need to pay Splunk $1.48 billion, and Splunk would have to pay Cisco $1 billion, according to an SEC filing. Ives said the acquisition was a “shot across the bow” of other ...
Splunk was the sixth startup for Baum and the first pure-play big data company to reach significant customer and revenue scale and debut on the public markets. Baum, Das and Swan and their team at Splunk have been awarded two US Patents for their work. [13] [14] Baum was Splunk's founding CEO for the first six years. [15]