Enterprise Weekly #440: Exits Are Back, Cisco Buys Splunk, Next NYC Nights, and More
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Exits are so back. This week, Cisco announced it’s acquiring security powerhouse Splunk for $28B in cash. This marks Cisco’s biggest acquisition to date and a strategic move for the company for a number of reasons: Better Security Offerings: For a while, Cisco lacked a crucial element: a robust security information and event management (SIEM) system. As part of their cybersecurity buying spree, Splunk now empowers Cisco with an enhanced arsenal of analytics, which Cisco hopes will help them make better use of data spread across their broader XDR suite.
Enterprise Weekly #440: Exits Are Back, Cisco Buys Splunk, Next NYC Nights, and More
Enterprise Weekly #440: Exits Are Back, Cisco…
Enterprise Weekly #440: Exits Are Back, Cisco Buys Splunk, Next NYC Nights, and More
Exits are so back. This week, Cisco announced it’s acquiring security powerhouse Splunk for $28B in cash. This marks Cisco’s biggest acquisition to date and a strategic move for the company for a number of reasons: Better Security Offerings: For a while, Cisco lacked a crucial element: a robust security information and event management (SIEM) system. As part of their cybersecurity buying spree, Splunk now empowers Cisco with an enhanced arsenal of analytics, which Cisco hopes will help them make better use of data spread across their broader XDR suite.