Cisco Completes $28 Billion Acquisition of Splunk (securityweek.com) 20
Cisco on Monday completed its $28 billion acquisition of Splunk, a powerhouse in data analysis, security and observability tools. The deal was first announced in September 2023. SecurityWeek reports: Cisco plans to leverage Splunk's AI, security and observability capabilities complement Cisco's solution portfolio. Cisco says the transaction is expected to be cash flow positive and non-GAAP gross margin accretive in Cisco's fiscal year 2025, and non-GAAP EPS accretive in fiscal year 2026. "We are thrilled to officially welcome Splunk to Cisco," Chuck Robbins, Chair and CEO of Cisco, said in a statement. "As one of the world's largest software companies, we will revolutionize the way our customers leverage data to connect and protect every aspect of their organization as we help power and protect the AI revolution."
Could've been worse (Score:3)
Broadcom could have acquired them. Count your blessings...
Why do we always settle for less worse? (Score:3, Insightful)
It wouldn't even be all that hard to put a stop to these constant mega mergers. The current head of the FTC wants to she just doesn't have enough political Capital to do it.
I know we don't like partisan politics but this is something that is very much partisan. The Democrats have made it crystal clear that they
Re:Why do we always settle for less worse? (Score:4, Funny)
reaking up the existing trusts and make a and they want to start breaking up the existing trusts and make a and they want to start breaking up the existing trusts and make a and they want to start breaking up the existing trusts
Someone give 'im a thump, he's stuck in the groove again..
Re: Why do we always settle for less worse? (Score:1)
Google text to speech isn't the best (Score:2)
Re: (Score:2)
I'm all in favor of minimizing harm with my voting but when it comes to mega corporation behavior I don't see any particularly good reason why we should tolerate stuff that actively hurts us. It wouldn't even be all that hard to put a stop to these constant mega mergers. The current head of the FTC wants to she just doesn't have enough political Capital to do it.
Don't look now, but you just said exactly why it’s all that hard. Politics is a bitch, and we have anti-monopoly laws being blatantly ignored and/or corruptly re-defined for a reason.
I agree it's hard (Score:2)
It's just nuts.
They held off as long as they could, but ... (Score:2)
Cisco Completes $28 Billion Acquisition of Splunk
Think of the T-Shirts (Score:2)
So splunk will get enshittified now (Score:3)
Well. Time to stop using it.
Can we start blocking mergers and acquisitions? (Score:2)
I'd like to live in a world where not every single business gets gobbled up by some multi billion dollar company.
Sidenote: what's everybody's FOSS alternative to splunk? (or cheap commercial option that won't be bought bout by broadcom soon)
Re:Can we start blocking mergers and acquisitions? (Score:4, Informative)
what's everybody's FOSS alternative
The so-called "ELK" stack. Elasticsearch, Logstash and Kibana. Logstash eats log events, Elasticsearch stores them in indexes and Kibana provides the user frontend. It does what it says on the tin, but it is — as you should anticipate — a DIY solution you pay for in labor and time. Splunk is well refined and, while not zero maintenance, is far less demanding.
Re: (Score:2)
When I last looked at this, the traditional ELK stack wasn't so easy - they're trying to take a lot of stuff "back in house" and are making licensing difficult as a result.
I'd personally suggest Graylog (even if they can't spell "grey"). It's not really better or worse, but it seemed like it was a bit closer to the free world than ELK. There's another (very much open source) option, which largely runs in a single process - the name escapes me, but it's not really ready for prime time yet, but it's definitel