MARKET COMPOSITE
SPLK - Splunk Inc
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Splunk Inc. is an American public multinational corporation based in San Francisco, California, that produces software for searching, monitoring, and analyzing machine-generated big data via a Web-style interface. Splunk captures, indexes and correlates real-time data in a searchable repository from which it can generate graphs, reports, alerts, dashboards and visualizations.
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    Is Cisco Stock a Buy?03-22-2024 12:15:00 PM

    The tech veteran recently closed its largest acquisition to date.

    Cisco Systems closed its $28 billion all-cash acquisition of cybersecurity and analytics company Splunk on Monday.

    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) -- 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 BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesMusk Says His Ketamine Prescription Is in Investors’ Best InterestsTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorPutin Warns Russia Won’t Stop After Pred

    Cisco Systems Inc. officially closed its $28 billion deal to buy Splunk Inc. Cisco CEO Chuck Robbins and former Splunk CEO Gary Steele talk about how they will merge the companies. They say this deal will be good for customers and there is not much product overlap. They appear on "Bloomberg Markets."

    The imminent merger between Splunk (SPLK) and Cisco heralds a new era of innovation in AI-driven cybersecurity solutions.

    Cisco Systems won unconditional EU antitrust approval for its $28 billion bid for cybersecurity firm Splunk on Wednesday after EU regulators said they did not see any competition issues. The deal announced last year is Cisco's biggest-ever and aims to boost its software business amid a boom in artificial intelligence while also helping to offset a post-pandemic slowdown in demand. "The Commission concluded that the notified transaction would not raise competition concerns, given its limited im...

    Cisco Systems won unconditional EU antitrust approval for its $28 billion bid for cybersecurity firm Splunk on Wednesday after EU regulators said they did not see any competition issues. The deal announced last year is Cisco's biggest-ever and aims to boost its software business amid a boom in artificial intelligence while also helping to offset a post-pandemic slowdown in demand. "The Commission concluded that the notified transaction would not raise competition concerns, given its limited im...

    Cisco Systems is set to secure unconditional EU antitrust approval for its $28 billion bid for cybersecurity firm Splunk, two people with direct knowledge of the matter said on Tuesday. The deal announced last year and Cisco's biggest ever will boost its software business amid a boom in artificial intelligence and also help offset a post-pandemic slowdown in demand. The European Commission is set to clear the deal after its preliminary review ends on March 13 after finding no anti-competitive ...