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A new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems Inc on its $28 billion acquisition of cybersecur
CNBC's Deirdre Bosa reports on news from Cisco.

CSCO Stock Alert: Cisco Is Buying Splunk

12:07pm, Thursday, 21'st Sep 2023
Another leading tech company is going all-in on artificial intelligence (AI). Cisco Systems (NASDAQ: CSCO ) has long been one of the most prominent names in the digital communications space.
Cisco Systems (CSCO) will buy cybersecurity software company Splunk (SPLK) for $157 per share in cash, or approximately $28 billion in equity value, in a move that analysts see as an "aggressive st

Splunk stock jumps 20% on Cisco deal

10:40am, Thursday, 21'st Sep 2023
Splunk Inc (NASDAQ: SPLK) opened more than 20% up on Thursday after Cisco Systems Inc (NASDAQ: CSCO) said it will buy the cybersecurity firm for about $28 billion. Cisco values Splunk stock at $157 Th
Cisco Systems (NASDAQ:CSCO) premium-priced cash takeover of Splunk Inc (NASDAQ:SPLK) may be the first ripple in a ‘tidal wave' of software M&A heading for the market as AI-related catalysts drive de
Splunk (NASDAQ: SPLK ) stock is soaring higher on Thursday following news of an acquisition deal with Cisco (NASDAQ: CSCO ). This is massive news for holders of SPLK stock as Cisco intends to pay $28
Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against potential security threats that may be heightened by the widening use of artificial intelligence
We have narrowed our search to five stocks that have provided solid returns in the past month. These are: SPLK, DELL, VST, APO, TSLA.
CNBC's 'Squawk on the Street' crew discuss the latest acquisition.
Investors seem uncertain about the immediate future for stocks. FedEx reported solid gains in earnings in its most recent quarterly report.
The acquisition positions Cisco to build the “next generation of AI-enabled security and observability,” according to its CEO.
Cisco announced Thursday it is buying Splunk in a deal valued at about $28 billion, or $157 per share in cash. It is expected to close in the third quarter of 2024.
Splunk Inc (NASDAQ:SPLK) is to be bought by Cisco Systems (NASDAQ:CSCO) in a cash deal pitched at a big premium valuation. Cisco has agreed to pay Splunk shareholders $157 per share, versus Wednesday'

Cisco to purchase Splunk in $28 billion deal

08:08am, Thursday, 21'st Sep 2023
Cisco Systems Inc. plans to acquire Splunk Inc. in a deal valued at about $28 billion, the companies said Thursday.
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