HomeTechSoftwareCisco Systems (CSCO) Is Acquiring Splunk (SPLK)

Cisco Systems (CSCO) Is Acquiring Splunk (SPLK)

Cisco Systems (CSCO) is acquiring Splunk (SPLK) for $157 per share in cash. The deal is valued at $28B. The CSCO stock price is down around 4% over the past month. George Tsilis says that Cisco is a very profitable business that has been expanding software to find networking along with cybersecurity efforts. How does Cisco Systems (CSCO) fit into the artificial intelligence narrative?

Fast Market

25 Sep 2023

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