Cisco Makes $28B AI Splash With Splunk Buy Led By 3 Firms

By Renee Hickman (September 21, 2023, 12:25 PM EDT) -- Digital technology behemoth Cisco said on Thursday that it would buy cybersecurity company Splunk, in a deal with an equity value of roughly $28 billion that was crafted by Simpson Thacher, Cravath and Skadden....

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