Cisco: completes acquisition of Splunk for $28 billion

(CercleFinance.com) - Cisco has announced that it has completed the acquisition of Splunk for $28bn.


Founded in 2003, Splunk develops easy-to-use software to ensure the security of corporate computers, systems and networks.

Various versions of its software allow machine data to be monitored and analyzed, and are available for cloud services.

"As one of the world's largest software companies, we will revolutionize the way our customers leverage data to connect and protect every aspect of their organization as we help power and protect the AI revolution." Cisco's Chair and CEO said.

"Uniting Splunk and Cisco will bring tremendous value to our joint customers worldwide," said Gary Steele, Executive Vice President, General Manager, Splunk.


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