Splunk Sees Acquisition by Cisco Closing in Late 1Q, Early 2Q

Splunk has a clearer ending time period for the pending acquisition by Cisco. The analytics and security-software company says the deal, which remains subject to regulatory approvals and conditions, is now expected to close in late 1Q or early 2Q. Networking-equipment giant Cisco in September struck a $28 billion deal to buy Splunk.

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