In another indication that the market for technology transactions is gathering steam, Cisco announced last month its intention to buy Splunk for $28 billion. The networking company is spending a ...
Forbes contributors publish independent expert analyses and insights. Tony Bradley covers the intersection of tech and entertainment. Now that Splunk has become part of Cisco, there are new challenges ...
Starboard believes leading software companies can do more to boost profits. The company has taken a stake in Salesforce and Splunk because it sees significant upside in the stocks if they can increase ...
“Cisco is going to be able to identify trends, and then be able to take preventative action,” says Sentinel Technologies Chief Technology Officer Robert Keblusek. “If they bring these things together ...
In October, institutional value stock investor Starboard Value released a presentation on its website showing it has purchased an undisclosed amount of shares in software companies Splunk (NASDAQ: ...
Cisco Systems Inc’s (NASDAQ:CSCO) acquisition strategy has historically been characterized by a series of calculated, measured investments. However, its recent acquisition of Splunk Inc (NASDAQ:SPLK) ...
Shares of Splunk (NASDAQ: SPLK) are seeing big swings in Thursday's trading. The enterprise search software company's stock was down roughly 1% as of 2:30 p.m. ET, according to data from S&P Global ...
Cisco beat EPS and revenue estimates, raising its 2024 revenue outlook to $53.6-$53.8 billion. The stock price remained flat, decreasing by only 0.13%. The fair stock price estimate is $63.63, with a ...
At the Splunk .conf23 event Tuesday, Splunk expanded the SecOps and ITOps functionality of its flagship unified security and observability platform and debuted a collection of AI-powered tools to ...
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