In a move that has rippled across the AI cybersecurity industry, Cisco Systems Inc. has announced its acquisition of cybersecurity player Splunk Inc. for a whopping $28 billion. The all-cash deal, ...
Splunk is set to be acquired by Cisco for $157 per share. The deal is being made in cash and does not require external funding. Investors should monitor Splunk's ongoing prospects as a stand-alone ...