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Shares of big data analytics platform Splunk (NASDAQ:SPLK) have come very far, very fast over the past five years. During that stretch, Splunk stock has essentially tripled, thanks to accelerating ...
It is a horizontal technology used for application management, security and compliance, as well as business and web analytics. [3] In September 2023, it was announced that Splunk would be acquired by Cisco for $28 billion in an all-cash deal. [7] The transaction was completed on March 18, 2024. [8]
The deal is slated to close within nine to 12 months. Splunk stock rose 21% to $144.85, while Cisco's stock dropped over 3%. Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on ...
It still needs approval from Splunk shareholders. Shares of Cisco Systems Inc. fell nearly 4% in early morning trading on Thursday, while Splunk's stock surged more than 20%. Show comments
Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss Cisco's $20 billion takeover offer to acquire Splunk, mixed earnings for 3M amid inflationary pressures, and how Coinbase's Super Bowl ad ...
ServiceNow, Inc. is an American software company based in Santa Clara, California, that develops a cloud computing platform to help companies manage digital workflows for enterprise operations. Founded in 2003 by Fred Luddy, ServiceNow is listed on the New York Stock Exchange and is a constituent of the Russell 1000 Index and S&P 500 Index. [2]
Elastic NV is an American-Dutch company that was founded in 2012 in Amsterdam, the Netherlands, and was previously known as Elasticsearch. [2] It is a search company that builds self-managed and software as a service (SaaS) offerings for search, logging, security, observability, and analytics use cases.
Investors are increasingly showing interest in data analytics stocks. Data is used in different ways in organizations, from revamping their marketing strategy to understanding customers better and ...