acquiring

Cisco is acquiring Splunk in a staggering $28B deal

Cisco is adding a mega deal to its growing list of acquisitions, with security major Splunk joining in. The communications behemoth announced it is acquiring cybersecurity major Splunk in a $28B deal. Upon close of the acquisition, Splunk President and CEO Gary Steele will join Cisco’s Executive Leadership Team reporting to Chair and CEO Chuck … [Read more…]

Sony is acquiring ‘Audeze’, makers of speciality headphones for gamers and recording professionals

Days after it announced its new portable Playstation model along with a string of accessories (including a set of earbuds), Sony is further pushing on its gaming division by acquiring Audeze. The Orange Country, California-based firm is best known for its high-end headphones, targeted at gamers and audio producers. Though more of a brand making … [Read more…]