Splunk Inc (S0U.DU)
- Barrons.com
Cisco Completes $28 Billion Splunk Deal Early
Cisco Systems completed its $28 billion all-cash acquisition of Splunk the provider of observability software, well ahead of schedule. Splunk’s results weren’t included in Cisco’s previous financial forecasts. Cisco said Monday the acquisition will be cash-flow positive (excluding certain acquisition-related costs and other expenses) and will boost non-GAAP gross margin in Cisco’s fiscal year ending July 2025.
- Bloomberg
Cisco Closes $28 Billion Splunk Deal Without Antitrust Drama
(Bloomberg) -- At a time when many large mergers are being blocked or delayed by regulators, Cisco Systems Inc. took just six months to close its $28 billion acquisition of Splunk.Most Read from BloombergNY Gears Up to Seize Trump Westchester Assets If Fraud Fine Is UnpaidBaltimore Wants to Sell Hundreds of Vacant Homes for $1 EachJustice Department to Sue Apple for Antitrust Violations as Soon as ThursdaySam Bankman-Fried Says 50-Year Sentence Only Suitable for a ‘Super Villain’Yemen’s Houthis
- Zacks
Splunk's (SPLK) Merger With Cisco Gets Unconditional EU Nod
The imminent merger between Splunk (SPLK) and Cisco heralds a new era of innovation in AI-driven cybersecurity solutions.
