Cisco's acquisition of Splunk represents a game-changing move in data intelligence and security

06 November 2023 | Research

Dennisa Nichiforov

Article | PDF (2 pages) | Automated Assurance

"This acquisition is set to redefine how businesses leverage data for network management and security."


Cisco’s decision to acquire Splunk, an industry leader in cybersecurity and observability, highlights its strategic move to enhance its expertise in AI-enabled security and observability. As such, this acquisition is expected to accelerate Cisco’s business transformation, aligning with Cisco’s diversification strategy. Cisco seeks to transition from hardware-based income to a more stable realm of software-focused, recurring revenue.


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Dennisa Nichiforov

Senior Analyst