NASDAQ:SPLK
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Splunk Stock News

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At Close: Jun 14, 2024
Cisco is dropping a lot of money on Splunk, which will create a new giant in cybersecurity. The company is peppering in lots of recurring software services, which has done wonders for its profitabilit
As a monitoring platform for cloud-based apps, Datadog Inc NASDAQ: DDOG has tremendous long-term growth potential tied to enterprise digital transformations, data analytics and cybersecurity — and i
Here are some of the major companies whose stocks moved on the week's news.

M&A Activity: Down but Still Alive

06:02pm, Friday, 22'nd Sep 2023
Merger and acquisition (M&A) activity has slowed, with lingering uncertainty weighing on potential deals. However, it's not entirely dead.
IP-based networking company Cisco Systems (CSCO) has announced its acquisition of cybersecurity heavyweight, Splunk (SPLK), for a staggering $28 billion.
Splunk (SPLK) signs an agreement to merge with Cisco for a transaction valued at roughly $28 billion. The combined capabilities of the entities will expedite innovation in cybersecurity domain.
Splunk (SPLK) reported earnings 30 days ago. What's next for the stock?

Why Splunk Rocketed Higher This Week

07:52am, Friday, 22'nd Sep 2023
Cisco agreed to acquire Splunk for $28 billion. The deal premium is roughly 31% over Splunk's share price from the prior day.
With Cisco Systems Inc.'s pending acquisition of Splunk Inc., the networking giant is making another major step toward becoming a software company.
A new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems on its $28 billion acquisition of cybersecurity
Cisco Systems Inc. finally followed through on a long-rumored target Thursday when it announced it will acquire cybersecurity company Splunk Inc. for $28 billion in cash, but it may want to close the
Cisco notched its worst day in five months after unveiling the largest takeover in its history.

Cisco places $28 billion bid to acquire Splunk

03:10pm, Thursday, 21'st Sep 2023
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Cisco's bid to buy Splunk, M&A among enterprise software technology, and Cisco's effort to move into software, AI and cyber security.

Why Splunk Stock Popped Today

02:09pm, Thursday, 21'st Sep 2023
Splunk is being acquired by Cisco for $157 per share -- a 31% premium from yesterday's close. The deal still requires regulatory and shareholder approval, but is expected to close by the end of the th
Cisco (CSCO) is buying cybersecurity firm Splunk (SPLK) in a deal valued at around $28 billion. Cisco says the deal will "accelerate" the company's "business transformation" to becoming one with more
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