Cisco acquires Splunk for $28 billion

Cisco and Splunk, companies specializing in cybersecurity and observability, have signed an agreement in which Cisco commits to acquire Splunk for $28 billion. The acquisition represents a strategic move for both companies, aiming to improve the digital resilience of businesses and connect everything securely.

Union of forces for greater security

The combination of Cisco and Splunk will lead to AI-enabled security and observability solutions. This union will help make organizations more secure, resilient and able to anticipate and prevent threats. The goal is to move from detection and response mode to threat prediction and prevention.

Comments from Cisco and Splunk executives

Chuck Robbins, CEO of Cisco, said he was excited to join forces with Splunk, underlining how the two companies' combined expertise will drive the next generation of security solutions. For his part, Splunk CEO Gary Steele said the merger represents an important step in Splunk's growth and will accelerate the realization of their mission of helping companies become more resilient, generating value for investors.

A collaboration based on innovation and customer experience

The two companies, both known for their passion for innovation and focus on customer experience, will become leaders in the security and observability market. Using the power of data and artificial intelligence, they will offer cutting-edge solutions that will transform the industry. This union will also provide greater opportunities for the Splunk employee community by consolidating two respected and motivated organizations.