The Soaring Demand for Cloud Security Boosts Cyber-Firm Valuations and Fosters Lucrative Deals
Cisco’s $28 Billion Acquisition of Splunk Signals an Active Quarter for the Security Industry Cisco’s acquisition of Splunk for $28 billion in September was the standout financial event of the third quarter, signaling a period of heightened activity in the security industry. Several other vendors also made strategic purchases to position themselves in emerging enterprise…