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Cisco is acquiring Splunk in a staggering $28B deal

May 9, 2026 by besar

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…]

Posted in: Business Tagged: 28B, acquiring, Cisco, deal, Splunk, staggering

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