[ TRANSACTION RECORD ]

Cisco Systems Inc. Investment in Splunk — 2024

VERIFIED VECTOR ID: 001536 · tx-064
M SOURCE NODE — FUNDER
Cisco Systems Inc.
Technology United States
$28,000,000,000
EQUITY
18/03/2024
Q DESTINATION NODE — RECIPIENT
Splunk
Company United States
Amount (USD)
$28.0B
Flow Type
EQUITY
Transaction Date
18/03/2024
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Cisco Systems Inc.
AUM 210000
HQ Location United States
Sector Technology
Recipient Profile [ Q ]
Entity Splunk
Entity Type Company
Jurisdiction United States
Intelligence Note

Cisco Systems finalized the acquisition of Splunk for 28 billion dollars to enhance its security and observability capabilities across the entire digital estate. The transaction is intended to help customers transition from detecting threats to predicting and preventing them. This deal represents a major institutional investment in AI-powered data analytics and cybersecurity.

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Primary Forensic Source https://newsroom.cisco.com/c/r/newsroom/en/us/a/2024/03/cisco-completes-acquisition-of-splunk.html/
✓ SOURCE LINKED