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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

09/21/23, 11:46 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/DE.svgmunich
https://purecatamphetamine.github.io/country-flag-icons/3x2/PA.svgsan francisco
Cisco (NASDAQ: CSCO) and Splunk (NASDAQ: SPLK), the cybersecurity and observability leader, today announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value. Upon close of the acquisition, Splunk President and CEO Gary Steele will join Cisco's Executive Leadership Team reporting to Chair and CEO Chuck Robbins.

Company Info

Company
Cisco
Location
Munich, Bavaria, Germany
Company info
Cisco (NASDAQ: CSCO) is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on The Newsroom and follow us on Twitter at @Cisco. SOURCE Cisco

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