2023-09-22 11:18:59.AIbase.1.6k
Cisco to Acquire Splunk for $28 Billion, Enhancing Security in the Era of Enterprise AI
Cisco plans to acquire Splunk for $28 billion, becoming one of the largest software vendors in the world. The acquisition will strengthen enterprise security capabilities and promote threat prediction and prevention. Cisco's security cloud provides visibility into security data, assisting in data management and protection for enterprises. Generative AI technology is transforming the industry, creating new opportunities. The acquisition is expected to be completed in the third quarter of next year, pending regulatory approval.
