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Cisco to buy Splunk in $28B bid to secure enterprises in AI era
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简介Bloomberg/Contributor/Getty ImagesCisco has announced plans to acquire data analytics vendor, Splunk...
Cisco has announced plans to acquire data analytics vendor, Splunk, as it looks to offer enterprises deeper visibility and threat detection capabilities amid the growing adoption of artificial intelligence (AI).
Estimated to be worth $28 billion in equity value, at $157 per share in cash, the acquisition will form one of the world's largest software companies, Cisco said in a statement Thursday. The networking equipment vendor added that the deal also will boost its recurring revenue.
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