We maintain our $56 fair value estimate for wide-moat Cisco Systems CSCO, as the company announced an all-cash deal to acquire Splunk SPLK for $157 per share, or $28 billion in equity value. Cisco’s ...
“Our collective partner ecosystem can create new profitable revenue streams through high-value services and by deploying innovative new applications and AI-powered solutions,” the two companies said ...
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: ...
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 ...
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