US EditionCisco 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.
48 Articles
48 Articles
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.
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.
Cisco taps new M&A firm Tidal for US$28 billion Splunk deal
NEW YORK: 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 US$28 billion acquisition of cybersecurity firm Splunk. Based in Palo Alto, California, Tidal Partners was started by technology bankers D
Top tech analyst Dan Ives says Cisco splashing out $28 billion for the cybersecurity firm Splunk is a ‘well-designed strategic poker move’
In the AI cybersecurity arms race, Wedbush’s top tech analyst says, the largest deal in Cisco’s history could be a game-changer.
Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defences as use of AI widens
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.
Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defences as use of AI widens
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 networking tech giant will pay $157 per Splunk Inc. share. “Our combined ...
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