In another indication that the market for technology transactions is gathering steam, Cisco announced last month its intention to buy Splunk for $28 billion. The networking company is spending a ...
Splunk's stock price has jumped around 40% this year after reporting strong Q2 results and raising its guidance for the year. The company continues to grow cloud ARR at a >20% y/y pace, while ...
Forbes contributors publish independent expert analyses and insights. Tony Bradley covers the intersection of tech and entertainment. Now that Splunk has become part of Cisco, there are new challenges ...
Splunk is rapidly integrating its technology with Cisco’s portfolio, creating a synergy that promises to improve observability and security for enterprises across the Asia-Pacific region. In an ...
Technology markets can move fast. Nothing demonstrates that better than today’s announcement that Cisco is buying Splunk in a $28 billion deal. First, rewind to 2020. Splunk was a leader in a market ...
Cisco beat EPS and revenue estimates, raising its 2024 revenue outlook to $53.6-$53.8 billion. The stock price remained flat, decreasing by only 0.13%. The fair stock price estimate is $63.63, with a ...
“Cisco is going to be able to identify trends, and then be able to take preventative action,” says Sentinel Technologies Chief Technology Officer Robert Keblusek. “If they bring these things together ...
Cisco Systems Inc.’s $28 billion acquisition of Splunk Inc. represents a good outcome for Splunk and a strategic growth opportunity for Cisco. Splunk’s painful transition to a cloud and subscription ...
Shares of Splunk (NASDAQ: SPLK) are seeing big swings in Thursday's trading. The enterprise search software company's stock was down roughly 1% as of 2:30 p.m. ET, according to data from S&P Global ...
What Is An Advanced Persistent Threat (APT)? Advanced persistent threats (APTs) are a type of cyber attack that is designed to gain unauthorized access to a network or system and maintain a presence ...