Cisco plans to acquire cybersecurity company Splunk for $157 per share in cash, up 31% on Splunk's September 20 closing price, in a deal valued at ~$28B
- Acquisition is largest deal ever for networking stalwart — Cisco is trying to lessen dependence on one-time sales
Bloomberg
Related Coverage
- Cisco acquiring cybersecurity company Splunk in cash deal worth $28 billion CNBC
- Cisco Systems to Buy Splunk in $28 Billion Deal Wall Street Journal · Colin Kellaher
- Cisco beefs up cybersecurity play with $28 bln Splunk deal Reuters · Yuvraj Malik
- Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens Associated Press
- Cisco to Acquire Splunk for $28 Billion in Major AI Cloud Security Deal Metaverse Post · Victor Dey
- Cisco To Acquire Splunk For $28B To Drive ‘AI-Enabled Security And Observability’ CRN · Dylan Martin
- Cisco to Acquire Splunk, to Help Make Organizations More Secure and Resilient in an AI-Powered World Cisco
- Cisco and Splunk: Driving the Next Generation of AI-Enabled Security and Observability Cisco Blogs · Chuck Robbins
- Cisco acquires Splunk in $28 billion observability, AI and cybersecurity play Constellation Research · Larry Dignan
- Cisco acquires cybersecurity firm Splunk for $28 billion in cash TechStartups · Daniel Levi
- Cisco Boosting Cybersecurity Capabilities With $28 Billion Splunk Acquisition SecurityWeek · Eduard Kovacs
- Cisco makes whopper of a buy: $28B for cybersecurity firm - CEO Robbins explains the deal WRAL TechWire
- Live news: Cisco agrees $28bn deal for cyber security company Splunk Financial Times
Discussion
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@divestech
Dan Ives
on x
Cisco buying Splunk in massive $28 bn deal/30% premium. Speaks to our thesis that a tidal wave of M&A from strategic/financial buyers will happen across the software and tech space over the coming year. Been surprising the lack of M&A but AI Revolution has changed the game
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@btbytes
Pradeep Gowda
on x
Congrats to Gary Steele and his team. Two companies sold, first Proofpoint to Thoma Bravo and now Splunk to Cisco in under 3 years.
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@chuckrobbins
Chuck Robbins
on x
I'm thrilled to announce @Cisco's intent to acquire @Splunk, a leader in cybersecurity and observability. Learn more about how, together, we'll help make organizations more resilient and secure in an AI-powered world: https://blogs.cisco.com/...
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@jbizzle703
John Breth
on x
Might be cheaper than what Cisco's Splunk licensing costs were😂
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@onlycfo
@onlycfo
on x
Breaking News: Cisco renews annual Splunk subscription
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@kgreifeld
Katie Greifeld
on x
does this mean I won't have to hear “splunk” again
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@splunk
@splunk
on x
#SplunkNews: We're excited to announce that Splunk and Cisco have agreed to join forces to create one of the largest software companies globally and realize our shared vision to keep organizations worldwide secure and resilient. Read more: https://www.splunk.com/...
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@cisco
@cisco
on x
Cisco announces its intent to acquire @splunk, making organizations more secure and resilient in an AI-powered world. https://blogs.cisco.com/... [video]
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@jonerlichman
Jon Erlichman
on x
Price paid to acquire these companies: 21st Century Fox: $71.3 billion (Disney) Activision Blizzard: $68.7 billion (Microsoft) EMC: $67 billion (Dell) Xilinx: $35 billion (AMD) Red Hat: $34 billion (IBM) Splunk: $28 billion (Cisco) Slack: $27.7 billion (Salesforce) LinkedIn:...
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@patrickmoorhead
Patrick Moorhead
on x
Cisco acquiring Splunk. This is an easy one. Will create an even bigger observability capability and an even bigger security giant. $CSCO $SPLNK https://www.prnewswire.com/... $CSCO $SPLNK