On Thursday, Cisco Systems CSCO announced its plans to acquire Splunk SPLK for $28 billion ($157 in cash per share), a 31% premium to Splunk’s Sept. 20 closing price. Cisco aims to expand its ...
Splunk's stock price has jumped around 40% this year after reporting strong Q2 results and raising its guidance for the year. The company continues to grow cloud ARR at a >20% y/y pace, while ...
The cloud migration journey has become less of a question of "if" and more of "when" for enterprises. With 94% of organizations now using cloud services, the momentum toward cloud adoption shows no ...
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