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: ...
The story on Splunk Inc. (NASDAQ: SPLK) isn’t an unfamiliar one. During the early months of the pandemic, the software stock soared to record highs on the accelerated digital transformation (not to ...
Splunk (SPLK, $68.01) recently got a Buy rating from CFRA Research analyst John Freeman, who initiated coverage of the large-cap enterprise software stock. "SPLK continues to hold strong, ...