NEW YORK (Reuters) - Cisco Systems' $28 billion deal for Splunk is likely to prompt other technology giants to splash out on similar acquisitions of software vendors with predictable subscription ...
Splunk, the market leader for SIEM expects a slow FY24 with revenue growth of only 9%. The TAM for security, monitoring and observability is massive, growing and under penetrated and Splunk can ...
“With the Splunk acquisition, we just improved our position in the security world, so for customers who want to run platform-based secure networking infrastructure, we're going to have the right ...
On September 21, Cisco announced its intention to buy Splunk for $28B in cash, it’s largest acquisition ever and fourth this year. This is a massive investment and win for Cisco from two perspectives: ...
The Cisco and Splunk deal is slated to go through by Q3 of 2024. The deal may run into regulatory blocks like Microsoft and Activision Blizzard did. The 8% upside isn't guaranteed. That represents ...
Splunk is a competitive observability platform with strong relationships with large enterprise clients. As revenue growth normalizes, operating margins are likely to expand due to higher cloud gross ...
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