Source: Cisco is paying ~$650M in cash for Isovalent, or 32 times the startup's ARR; Isovalent raised a $40M Series B at a ~$250M valuation in September 2022
Anissa Gardizy / The Information : X: @anissagardizy8 . LinkedIn: Timothy Snow X: Anissa Gardizy / @anissagardizy8 : scoop: Cisco plans to buy cloud networking startup Isovalent for ~$650mm in cash $...
Cisco plans to acquire cybersecurity company Splunk in cash for $157 per share, a 31% premium on Splunk's September 20 closing price, in a deal valued at ~$28B
https://www.reuters.com/... Chris Merkel / @chrismerkel@infosec.exchange : Scoop: Anonymous has hacked the neuralinks of the leadership teams at Splunk and Cisco. While I can't identify the specific ...
Cisco says it will repatriate $67B to the US this quarter after new tax law, expects to spend much of it on share buybacks and dividends
Austen Hufford / Wall Street Journal : Tweets: @patrickmoorhead and @douglasblackmon Tweets: Patrick Moorhead / @patrickmoorhead : Would be great to see @cisco invest some of that $67B into some M&A ...