With Cisco Systems Inc.’s pending acquisition of Splunk Inc., the networking big is making one other main step towards becoming a software company.
On Thursday, Cisco CSCO stated it was buying Splunk SPLK in a deal valued at about $28 billion, or $157 a share in money, for the cloud-security company. The match had been speculated about for years, and Cisco has been on a buying binge this yr, because it seeks to develop with extra safety and software choices.
“Together, we will turn into one of…
