Vega Security raised $120 million Series B, bringing its valuation to $700 million, in a round led by Accel. The company aims to rethink how enterprises detect cybersecurity threats.
Technology markets can move fast. Nothing demonstrates that better than today’s announcement that Cisco is buying Splunk in a $28 billion deal. First, rewind to 2020. Splunk was a leader in a market ...
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 ...
I heard the news about Cisco’s intent to acquire Splunk last week as I sat in a pub in central London. My immediate reaction was that Cisco is not doubling down but tripling down on network ...
Data platform Splunk today announced that it has acquired two startups, Plumbr and Rigor, to build out its new Observability Suite, which is also launching today. Plumbr is an application performance ...
Monday - Friday, 6:00 - 7:00 PM ET Incoming Splunk CEO Gary Steele said Friday he hopes to be a "stabilizing force" for the company and its customers. Steele's appointment was announced Wednesday, ...
Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” third quarter 2023 investor letter. A copy of the same can be downloaded here. During the ...
Robust revenue growth with cloud services leading the charge. Transition to cloud-first strategy impacting revenue recognition and margins. Investment in R&D and marketing driving innovation and ...
The story on Splunk Inc. (NASDAQ: SPLK) isn’t an unfamiliar one. During the early months of the pandemic, the software stock soared to record highs on the accelerated digital transformation (not to ...
Splunk, an enterprise data company, will be making its debut on the public markets this morning after pricing its IPO at $17.00 per share (this is up from the range of $11 to $13 per share). At this ...