Cisco is acquiring cybersecurity software company Splunk for $157 per share in a cash deal worth about $28 billion, the company said Thursday, in its largest acquisition ever. Splunk shares ended Thursday up 21%, while Cisco shares closed down 4%. Splunk’s technology helps businesses monitor and analyze their data to minimize the risk of hacks … Read more
Welcome to Week in Review (WiR), TechCrunch’s regular newsletter covering the past few days in tech. The TC crew — including this reporter — is coming off the high of Disrupt, which hopefully some of you, dear readers, were able to attend in person. Fret not if you didn’t — there’s always next year, and … Read more
Cisco has a popularity of constructing the corporate via acquisitions, however it tends to avoid the actually enormous ones. That modified this morning when the corporate introduced it was buying Splunk for $28 billion. With Splunk, it will get an observability platform that might match properly into its safety enterprise to assist clients higher perceive … Read more