Cisco is acquiring cybersecurity software company Splunk for $157 a share in a cash deal worth about $28 billion, the company said Thursday. The acquisition is one of Cisco’s largest, and continues an ...

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Companies use Splunk's platform to monitor, search, analyze, and visualize big data -- a capability that has three broad use cases: information technology (IT) operations, security, and observability.

While Splunk-Cisco product integration was big news at this week’s .conf24 event, Splunk also debuted new products around AI, next-generation Security Operations Centers and data management. Splunk ...

Cisco Systems closed its $28 billion all-cash acquisition of cybersecurity and analytics company Splunk on Monday, the Wall Street Journal reported. The deal ahead of schedule. One major hurdle was ...

Splunk will lay off 7% of its global workforce, CEO Gary Steele said in a message to employees, months ahead of the close of its planned acquisition by Cisco. Steele emphasized that the layoffs were ...

(1) Calculated based on 163,615 weighted-average shares of common stock.

Shares of Splunk (SPLK +0.00%) had fallen 18.9% this week as of Thursday's market close. The reason was very clear: On Monday, the company announced CEO Doug Merritt would be stepping down after six ...

(2) Represents the income tax adjustment using our estimated non-GAAP tax rate of 20%. (3) Includes a $0.5 million loss on disposal of property, plant and equipment. (4) Includes non-cash interest ...