Cisco Completes $28 Billion Acquisition of Splunk

The merger aims to revolutionize AI and cybersecurity offerings, combining Cisco's infrastructure with Splunk's advanced data analytics.

Cisco has officially completed its acquisition of Splunk for $28 billion, marking its largest-ever purchase.
The merger aims to revolutionize AI and cybersecurity by combining Cisco's infrastructure with Splunk's data analytics capabilities.
Cisco plans to integrate Splunk's technology with its own, focusing on threat intelligence, AI assistants for security, and multi-cloud observability.
Analysts are wary, citing past failed tech mergers, but Cisco and Splunk are optimistic about creating new revenue streams and innovations.
The deal, which pays Splunk investors $157 per share, is expected to be cash flow positive and gross margin accretive by fiscal year 2025.