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Cisco Said to Offer More Than $20 billion For Splunk

By Stephen Nellis
· · Source: The Wall Street Journal

Cisco Sytems offered more than $20 billion to purchase Splunk Inc in what would have been Cisco’s largest deal ever, the Wall Street Journal reported . The offered was made recently, but the two are not currently in active talks, the Journal reported. The move matters because Cisco, the biggest seller of networking gear for data centers, last year set a goal to derive half of its sales from...

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