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It is a horizontal technology used for application management, security and compliance, as well as business and web analytics. [3] In September 2023, it was announced that Splunk would be acquired by Cisco for $28 billion in an all-cash deal. [7] The transaction was completed on March 18, 2024. [8]
Cisco's previous largest acquisition was tied between Cerent Corporation and Scientific Atlanta for $6.9 billion in 1999 and 2005 respectively. [ 4 ][ 5 ] The majority of companies acquired by Cisco are based in the United States (U.S.) and a total of 149 companies have been acquired as of March 2011 [update]. [ 6 ]
Shares of big data analytics platform Splunk (NASDAQ:SPLK) have come very far, very fast over the past five years. During that stretch, Splunk stock has essentially tripled, thanks to accelerating ...
Datadog, Inc. Datadog, Inc. is an American company that provides an observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS -based data analytics platform. Founded and headquartered in New York City, the company is a publicly traded entity on the Nasdaq stock exchange.
Investors are increasingly showing interest in data analytics stocks. Data is used in different ways in organizations, from revamping their marketing strategy to understanding customers better and ...
It still needs approval from Splunk shareholders. Shares of Cisco Systems Inc. fell nearly 4% in early morning trading on Thursday, while Splunk's stock surged more than 20%. Show comments
Cisco is valuing Splunk at $28 billion or $157 a share, a 31% premium to Wednesday's closing price. ... Splunk stock rose 21% to $144.85, while Cisco's stock dropped over 3%.
Website. www.elastic.co. Elastic NV is an American-Dutch company that was founded in 2012 in Amsterdam, the Netherlands, and was previously known as Elasticsearch. [2] It is a search company that builds self-managed and software as a service (SaaS) offerings for search, logging, security, observability, and analytics use cases. [3]