Cisco announces deal to acquire Splunk for $28B (CSCO)

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Cisco Systems Headquarters Office in San Jose, California

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Cisco Systems (NASDAQ:CSCO) said on Thursday that it has agreed to a deal to acquire cybersecurity company Splunk (NASDAQ:SPLK) for $28B in an effort to make companies “more secure and resilient” as artificial intelligence further creeps into everyday life.

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