Skip to Content

Cisco makes $20 billion-plus takeover offer for Splunk


Network gear maker Cisco Systems has made a takeover offer worth more than $20 billion for software maker Splunk, The Wall Street Journal reported on Friday, citing people familiar with the matter.

The offer was made recently, and the companies are not in active talks, the newspaper said, citing some of the sources.

Cisco did not immediately respond to a request for comment. Splunk said it does not comment on rumors or speculation.

In November last year, San Francisco-based Splunk announced Doug Merritt had stepped down as its chief executive officer and the company’s chair, Graham Smith, would be the interim CEO.

™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.

Article Topic Follows: CNN - Social Media/Technology

Jump to comments ↓

CNN Newsource


KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content