Is Cisco’s deal to buy Splunk a good idea? Wall Street isn’t sure.


Cisco Systems Headquarters Office in San Jose, California


Despite being reported on last year, Cisco Systems (NASDAQ:CSCO) surprised Wall Street this week when it said it intended to acquire cybersecurity firm Splunk (NASDAQ:SPLK) for $28B.

While some investors have viewed the deal to boost the company’s annual recurring revenue

Source link

Leave A Reply

Your email address will not be published.