Cisco Acquired Splunk: Joining Forces to Transform the Future of Cybersecurity and Observability
In a landmark development, Cisco has acquired Splunk, the frontrunner in SIEM cybersecurity solutions. Under this agreement, Cisco is set to acquire Splunk for $157 per share in cash, marking an equity value of approximately $28 billion. Upon completion of the acquisition, Gary Steele, the President and CEO of Splunk, will become an integral part…