Posted 9/21/2023, 11:45:00 AM

Cisco to Acquire Splunk for $28 Billion to Strengthen Security and Analytics

Cisco to acquire Splunk for $28 billion to help organizations be more secure and resilient using AI.
The acquisition will combine Cisco's security capabilities with Splunk's analytics to provide comprehensive coverage.
Together Cisco and Splunk will accelerate innovation in AI, security, and observability.
The deal is expected to be cash flow positive, gross margin accretive, and EPS accretive.
The acquisition unites two companies with strong cultures, similar values, and a focus on talent.

prnewswire.com

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