Cisco to buy Splunk in $28 billion deal, boosting defenses as use of AI widens
Cisco Systems Inc. plans to acquire cybersecurity firm Splunk in a $28 billion deal, marking Cisco's largest acquisition. The move will enhance Cisco's efforts in software and AI-powered data analysis and strengthen its defenses against potential security threats.
Cisco Systems Inc. has announced that it will buy cybersecurity firm Splunk in a $28 billion deal. The purchase is going to be Cisco's biggest acquisition yet. Cisco buying Splunk would also mean a massive push into software and artificial intelligence-powered data analysis.