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Cisco Moves into SIEM with $28B Deal to Acquire Splunk

Cisco's surprise agreement could reshape secure information and event management (SIEM) and extended detection and response (XDR) markets.

Cisco boosts its cybersecurity and AI ambitions with $28B acquisition of Splunk

Cisco to pay $28 billion to acquire Splunk

The deal will add another prominent cybersecurity company to Cisco’s portfolio. In the past eight months alone, the company has acquired email and AI cybersecurity firm Armorblox, cloud security firm Lightspin and network security business Valtix.

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