Cisco and Splunk will help move organizations from threat detection and response to threat prediction and prevention Combined, Cisco and Splunk will become one of the world's largest software companies and will accelerate Cisco's business transformation to more recurring revenue Expected to be cash flow positive and gross margin accretive in first fiscal year post close, and non-GAAP EPS accretive in year 2. Will accelerate revenue growth and gross margin expansion Unites two "Great Places to Work" with similar values, strong cultures, and talented teams The combination of these two innovative leaders makes them well positioned to lead in security and observability in the age of AI Cisco (NASDAQ: CSCO) and Splunk (NASDAQ: SPLK), the cybersecurity and observability leader, today announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value. Upon close of the