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Cisco made $20 billion-plus takeover offer for Splunk

Cisco Splunk acquisition: Splunk shares rose sharply early in the pandemic as did those of a number of other technology companies with strong growth potential, but have almost fallen in half since then. (REUTERS) — Cisco Splunk acquisition: Splunk shares rose sharply early in the pandemic as did those of a number of other technology companies with strong growth potential, but have almost fallen in half since then. **(REUTERS)**

3 min read . Updated: 12 Feb 2022, 04:07 PM IST Dana Cimilluca, The Wall Street Journal

Bid was made recently though companies aren’t currently in active talks, according to people familiar with the matter

Cisco Systems Inc. has made a takeover offer worth more than $20 billion for software maker Splunk Inc., according to people familiar with the matter, in what would be the networking giant’s biggest acquisition ever.

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Cisco made $20 billion-plus takeover offer for Splunk

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