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Looking to significantly reinforce its security software portfolio, Cisco has struck a $28 billion cash deal to acquire enterprise and cloud protection company Splunk.
Founded in 2003, Splunk's software platform is known for its wide-reaching ability to search, monitor and analyze data from a variety of systems. Network security teams can use this information to gain better visibility into and gather insights about network traffic, firewalls, intrusion detection systems (IDSes), intrusion prevention systems (IPSes), and security information and event management (SIEM) systems, from on premise and or its cloud-based package, according to Splunk.
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