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Cisco launches HyperShield after $28 billion acquisition of Splunk

Apr 18, 2024over 1 year ago

Acquiring Company

Cisco Systems

Acquired Company

Splunk

San JoseSan FranciscoSoftwareManufacturing

Description

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.

Company Information

Company

Cisco Systems

Location

San Jose, California, United States

About

Cisco Systems is an American multinational technology conglomerate headquartered in San Jose, California. It develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products.

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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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