NEW YORK (Reuters) - Cisco Systems' $28 billion deal for Splunk is likely to prompt other technology giants to splash out on similar acquisitions of software vendors with predictable subscription ...
On September 21, Cisco announced its intention to buy Splunk for $28B in cash, it’s largest acquisition ever and fourth this year. This is a massive investment and win for Cisco from two perspectives: ...
Splunk is a competitive observability platform with strong relationships with large enterprise clients. As revenue growth normalizes, operating margins are likely to expand due to higher cloud gross ...
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