Acquiring Company
Cisco Systems
Acquired Company
Splunk
San JoseSan FranciscoManufacturingInformation TechnologyHardwareSoftwareSecurityinformation technology & servicesDescription
Cisco Systems has unveiled HyperShield, a new security architecture product aiming to secure data centers, clouds, and other IT environments using AI. This launch is a result of Cisco's $28 billion acquisition of Splunk, solidifying its position in the AI-focused security market.
Quick answer
Cisco Systems is acquiring Splunk for $28 billion, announced April 18, 2024. Cisco Systems is based in San Jose, California, United States.
- How much did Cisco Systems pay for Splunk?
- The reported deal value is $28 billion.
- What does Cisco Systems do?
- Cisco Systems is an American multinational technology conglomerate headquartered in San Jose, California.
- Where are Cisco Systems and Splunk based?
- Cisco Systems is based in San Jose, California, United States. Splunk is based in San Francisco, California, United States.
- Who are the decision-makers at Cisco Systems?
- Fundz holds 4 contacts at Cisco Systems. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hardware and Security
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Cisco completes acquisition of Isovalent to define the future of multicloud networking and security (April 12, 2024)
- Synopsys successfully completes acquisition of Ansys to enhance electronic design and simulation capabilities (May 22, 2024)
- Clearlake Capital Group, L.P. and Francisco Partners to acquire Synopsys, Inc.'s Software Integrity Group business (May 6, 2024)
- Cisco completes acquisition of Splunk in $28 billion deal to revolutionize AI, $28B (March 18, 2024)
- Crane NXT Co completes acquisition of OpSec Security Group Ltd, increases 2024 sales guidance (May 9, 2024)
- KARAM Safety completes acquisition of Midas Safety India to strengthen its leadership position in the PPE industry (May 3, 2024)
Who to call at Cisco Systems, and when
When Cisco Systems changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Cisco Systems raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cisco Systems, from your own LinkedIn network
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Fundz sees it the moment Cisco Systems makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Splunk?
Splunk was acquired by Cisco Systems, based in San Jose. The deal was reported on April 18, 2024. Cisco Systems is an American multinational technology conglomerate headquartered in San Jose, California. Cisco Systems is publicly traded (CSCO) and operates in Manufacturing.
When did Cisco Systems acquire Splunk?
Cisco Systems's acquisition of Splunk was reported on April 18, 2024. Cisco Systems has unveiled HyperShield, a new security architecture product aiming to secure data centers, clouds, and other IT environments using AI. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Splunk do?
Splunk Inc. (NASDAQ: SPLK) turns data into doing with the Data-to-Everything Platform. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale. It is privately held, and is based in San Francisco.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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