Breaking News
1. Massive fire at Varanasi railway station parking, over 200 vehicles gutted      2. First Sambhal, Then Ajmer: Ex-CJI Chandrachud Under Fire For ‘Opening Floodgates’ Of Survey Pleas      3. Chennai Airport Shut, Trains Hit As Cyclone Fengal Intensifies      4. 2nd Hindu Priest Arrested In Bangladesh Amid Protests: ISKCON Member      5. Man climbs mobile tower in Kota, threatens suicide over his tractor seizure      6. Body of 2-year-old, his grandmother recovered from river in Manipur      7. Bodies of six abducted in Jiribam found; Kerala CM and UDF leaders argue over BJP defection      8. Several flights, trains disrupted as Delhi covered in smog, visibility down      9. Delhi air quality: AQI at this Delhi station above 1500      10. Pawan Kalyan condemns deaths of 2 Hindu girls in Pakistan who faced ‘atrocities’      11. India not to travel to Pakistan for Champions Trophy, wants its matches in Dubai      12. India not to travel to Pakistan for Champions Trophy, wants its matches in Dubai      13. Samosas, cakes meant for Himachal Pradesh CM Sukhu served to his security staff instead; CID probe on      14. We remain undeterred: Australian outlet on Canada's ban after Jaishankar presser      15. 'We Are Here Only As Pilgrims, Do Our Work & Leave': CJI DY Chandrachud Bids Farewell To Supreme Court      16. PM Narendra Modi slams NC-Cong's Article 370 resolution: 'Conspiracy against Kashmir'      17. IPL Auction: James Anderson registers for first time      18. Sharda Sinha dies: Huma Qureshi, Manoj Bajpayee, and others grieve singer's death      19. Man shot in gang war outside Raipur jail, sparks outrage over security lapses      20. After MK Stalin, Udhayanidhi warns Vijay, TVK: Only DMK will win in 2026     

Conclusion of Cisco's Splunk Acquisition Marks $28 Billion Milestone

  • Posted on March 19, 2024
  • Business
  • By Arijit Dutta
  • 406 Views

Cisco has officially completed its acquisition of Splunk for USD 28 billion, marking a significant milestone in the realm of cybersecurity and observability. This merger aims to revolutionize data utilization for organizational connectivity and protection in the era of generative AI. Industry leaders applaud this strategic move for its potential to redefine digital landscape visibility and security.

Conclusion of Cisco's Splunk Acquisition Marks $28 Billion Milestone Image Source -www.medium.com

The acquisition of Splunk by Cisco has reached its conclusion, marking a significant milestone in the technology industry. Cisco, a prominent player in networking, has successfully finalized the purchase of Splunk, a leader in cybersecurity and observability solutions, for a staggering USD 28 billion. This strategic move signals a pivotal moment in the era of generative AI, where data utilization and security are paramount.

Chuck Robbins, Chair and CEO of Cisco expressed his excitement about welcoming Splunk officially into the Cisco family. He emphasized the transformative potential of this acquisition in leveraging data to enhance organizational connectivity and protection, thus contributing to the advancement of the AI revolution.

With this acquisition, Cisco aims to amalgamate the strengths of its networking expertise with Splunk's market-leading security and observability solutions. The goal is to provide organizations with a unified, real-time view of their digital landscape, empowering them to proactively defend critical infrastructure, prevent outages, and optimize network experiences.

Gary Steele, Executive Vice President and General Manager of Splunk, highlighted the value proposition that the merger brings to joint customers globally. The combination of Splunk and Cisco's capabilities across AI, security, and visibility is expected to deliver unprecedented benefits to organizations seeking enhanced digital insights and protection.

Also Read: Elvish Yadav, Winner Of Bigg Boss OTT, Acknowledges Role In Rave Party Snake Venom Supply

Industry voices, including Julie Sweet, Chair and CEO of Accenture, have congratulated Cisco on this strategic move. They anticipate significant opportunities for clients in the future as a result of this collaboration between two industry leaders.

The completion of the Splunk acquisition by Cisco signifies a transformative shift in the technology landscape, with implications for cybersecurity, data utilization, and organizational visibility. This strategic maneuver is poised to redefine how organizations harness data to navigate the complexities of the digital age.

Author
No Image
Author
Arijit Dutta

You May Also Like