Cisco's acquisition of Splunk, valued at $28 billion, is expected to enhance Cisco's gross margins and revenue growth despite a $5.74 billion premium paid on the acquisition. The deal will boost Cisco ...

Forbes contributors publish independent expert analyses and insights. I write about disruptive companies, technologies and usage models. The Formula 1 U.S. Grand Prix was in my hometown of Austin back ...

Cisco beat EPS and revenue estimates, raising its 2024 revenue outlook to $53.6-$53.8 billion. The stock price remained flat, decreasing by only 0.13%. The fair stock price estimate is $63.63, with a ...

SAN FRANCISCO--(BUSINESS WIRE)--Splunk Inc. (NASDAQ: SPLK), provider of the Data-to-Everything Platform, today announced it was ranked No. 1 in IDC’s Worldwide IT Operations Analytics Software Market ...

The data analytics and observability industry is growing fast, but data parsing software leader Splunk (SPLK +0.00%) has been a laggard over the last year. Shares are down some 35% over the last ...

Splunk on Wednesday delivered better-than-expected second-quarter financial results and announced its plans to acquire cloud monitoring company SingalFx for $1.05 billion -- its largest acquisition to ...

SAN FRANCISCO--(BUSINESS WIRE)--Splunk Inc. (NASDAQ: SPLK), provider of the Data-to-Everything Platform, today announced that Silver Lake, a global leader in technology investing, will make a $1 ...

The private equity firm must think the big data software leader has potential it hasn't lived up to. Splunk's $1 billion cash windfall gets it access to some cheap capital -- at least cheap in the ...

Big data analytics company Splunk Inc. announced its largest-ever acquisition today as it delivered second-quarter financial results that beat Wall Street’s forecasts. Splunk said it’s intending to ...

Splunk stock leaped 14% after the company announced a $1 billion investment from Silver Lake. The cash infusion will be plowed back into the business and used to fund a $1 billion share buyback.