Cisco and Splunk, both renowned for their expertise in security and data analytics, have entered into a significant acquisition agreement. Cisco plans to acquire Splunk for $157 per share in cash, totaling a substantial deal worth approximately $28 billion in equity value.
This acquisition is intended to bolster organizations’ digital resilience and advance Cisco’s strategy of securely connecting and innovating. The merging of Cisco and Splunk, both leaders in AI, security, and observability, is poised to enhance security and resilience across a wide range of organizations.
Cisco is a major player in networking technology, providing a wide range of products and services to secure and connect the digital world. Splunk specializes in security and data analytics, helping organizations harness data’s power to enhance digital resilience. The collaboration between these two companies is expected to unlock new possibilities in AI-powered security and observability.
For Splunk, integration with Cisco marks a significant milestone in its growth journey, aiming to further its mission of increasing global organizational resilience. The partnership will establish a strong global leader in security and observability, utilizing data and AI capabilities to transform the industry and deliver exceptional customer experiences.
Together, Cisco and Splunk aim to address the challenges posed by managing and protecting data in an interconnected world. Their complementary capabilities will offer comprehensive observability across hybrid and multi-cloud environments, ensuring smooth application experiences vital for digital businesses. The acquisition will also enable increased investments in innovative solutions, promoting rapid innovation and expanding their global presence to meet diverse customer needs.
By FCCT Editorial Team freeslots dinogame telegram营销
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