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Cisco completes the acquisition of Splunk, completing a USD 28 billion deal

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<p>Cisco, a major player in networking, has announced that the purchase of Splunk is complete. The corporation paid around USD 28 billion to acquire Splunk, a pioneer in observability and cybersecurity, during the generative AI period.</p>
<p><img decoding=”async” class=”alignnone wp-image-528009″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-cisco-completes-the-acquisition-of-splunk-completing-a-usd-28-billion-deal-nepal-2-750×422.jpg” alt=”theindiaprint.com cisco completes the acquisition of splunk completing a usd 28 billion deal nepal 2″ width=”1601″ height=”901″ title=”Cisco completes the acquisition of Splunk, completing a USD 28 billion deal 6″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-cisco-completes-the-acquisition-of-splunk-completing-a-usd-28-billion-deal-nepal-2-750×422.jpg 750w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-cisco-completes-the-acquisition-of-splunk-completing-a-usd-28-billion-deal-nepal-2-1024×576.jpg 1024w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-cisco-completes-the-acquisition-of-splunk-completing-a-usd-28-billion-deal-nepal-2-768×432.jpg 768w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-cisco-completes-the-acquisition-of-splunk-completing-a-usd-28-billion-deal-nepal-2-390×220.jpg 390w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-cisco-completes-the-acquisition-of-splunk-completing-a-usd-28-billion-deal-nepal-2.jpg 1200w” sizes=”(max-width: 1601px) 100vw, 1601px” /></p>
<p>According to a statement from the firm, the purchase lays the groundwork for providing unmatched visibility and analytics across an organization’s digital presence.</p>
<p>“We are ecstatic to formally welcome Splunk to Cisco,” stated Cisco Chair and CEO Chuck Robbins.</p>
<p>“As one of the biggest software companies in the world, we will transform the way our clients use data to link and safeguard every facet of their business while we support and fuel the AI revolution,” he said.</p>
<p>In order to provide a real-time, unified picture of the complete digital environment, Cisco will combine the full power of the network with industry-leading security and observability solutions. This will enable teams to proactively protect key infrastructure, avert outages, and improve the network experience.</p>
<p>“The global customers of Splunk will greatly benefit from the integration of Splunk and Cisco,” said Gary Steele, Executive Vice President and General Manager of Splunk.</p>
<p>Two industry giants with complementary strengths in AI, security, and visibility are Cisco and Splunk.</p>
<p>CEO and Chair Julie Sweet of Accenture stated: “Accenture is pleased to congratulate Cisco on acquiring Splunk. We have had successful long-term relationships with both businesses, and we are excited about the future prospects this alliance will provide to our clients.”</p>


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