
Mergers and Acquisitions Soar in Q3, 2023 Amidst Rational Valuations
Cisco’s Acquisition of Splunk: A Sign of Consolidation in the Security Industry Cisco’s massive $28 billion acquisition of Splunk in September was the standout financial event of the third quarter in the cybersecurity industry. This acquisition, along with several others by different vendors, reflect a trend of strategic purchases in response to emerging enterprise requirements…