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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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