Published 2 months ago

Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens

In Cisco's largest-ever deal, they are acquiring cybersecurity firm Splunk for $28 billion, aiming to strengthen their defenses against the growing use of artificial intelligence for security threats.
This deal reflects the rising importance of cybersecurity in the face of evolving threats, as both companies recognize the need to fortify their capabilities.
The joint statement by Cisco and Splunk highlights the purchase as a way for Cisco to bolster its software business and take advantage of the increasing use of artificial intelligence.

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Times of India

Cisco to acquire Splunk for $28 billion

Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defences against potential security threats that may be heightened by the widening use of artificial intelligence. The Silicon Valley tech giant will pay $157 per Splunk share. "Our combined capabilities will drive the next generation of AI-enabled security and observability," Cisco chair and CEO Chuck Robbins said.

2 months ago·India

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Reuters

Cisco beefs up cybersecurity play with $28 bln Splunk deal

Cisco Systems has agreed to buy cybersecurity firm Splunk for about $28 billion in its biggest-ever deal to beef up its software business and capitalize on the rising use of artificial intelligence, the companies said on Thursday.

2 months ago·United Kingdom

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CBC News

Cisco to buy cybersecurity company Splunk for $28B

Cisco Systems has agreed buy cybersecurity firm Splunk for about $28 billion US in its biggest-ever deal to beef up its software business and capitalize on the rising use of artificial intelligence, the companies said on Thursday.

2 months ago·Canada

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Associated Press News

Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens

Silicon Valley tech giant Cisco is buying cybersecurity firm Splunk in a $28 billion deal as it looks to keep up with potential security threats that could be brought about

2 months ago·United States

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abc News

Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens

Silicon Valley tech giant Cisco is buying cybersecurity firm Splunk in a $28 billion deal as it looks to keep up with potential security threats that could be brought about by the increasing use of artificial intelligence

2 months ago·United States

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CNN

Cisco taps new M&A firm Tidal for $28 billion Splunk acquisition deal

A new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems on its $28 billion acquisition of cybersecurity firm Splunk.

2 months ago·Atlanta, United States

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