At this time, I’m thrilled to announce Cisco’s intent to amass Splunk Inc., the chief in cybersecurity and observability. This may carry collectively two highly effective innovation engines and create one of many largest software program firms globally. This mixture will speed up Cisco’s technique to securely join all the pieces to make something potential.
Cisco and Splunk are two leaders with complementary capabilities throughout AI, safety, and observability, and collectively we’ll assist make organizations of all sizes extra resilient and safe in an AI-powered world.
The IT panorama has drastically modified as organizations world wide have digitized their companies, and it’ll proceed to evolve at an much more speedy tempo with the acceleration and adoption of AI. Whereas these new applied sciences create huge alternatives, in addition they add even larger complexity — not like something we’ve ever seen.
Information is without doubt one of the strongest assets in enterprise, with each group counting on it to assist keep securely linked, run their enterprise, and make mission-critical selections. Nevertheless, prospects want a greater method to handle, defend, and unlock knowledge’s true worth whereas staying resilient and safe in a world that’s continually altering.
The Cisco Safety Cloud has visibility into huge quantities of safety knowledge — community knowledge, identities, emails, internet site visitors, endpoints, and processes. With Splunk, Cisco is including one of many world’s greatest knowledge platforms to Cisco’s sturdy safety portfolio. The mixture of Splunk and Cisco will assist companies transfer from risk detection and response to risk prediction and prevention, making organizations of all sizes safer and resilient.
On high of the info and safety challenges, Generative AI is quickly remodeling industries and creating new alternatives. Collectively, Cisco and Splunk see a broad vary of information throughout functions, safety, and the community. With the dimensions we carry and a deep basis of belief, we consider we’re very nicely positioned to offer prospects visibility to their knowledge and allow them to benefit from the numerous alternatives with AI.
Collectively, Cisco and Splunk will tackle these challenges and create new alternatives for organizations world wide by providing best-in-class applied sciences to guard, join, and advance their missions. We’ll attempt to assist our prospects make sense of what’s occurring of their infrastructure, make selections and act on insights rapidly, and assist safe their knowledge and their complete enterprise, multi function place.
Over the previous few years, Cisco has been remodeling our enterprise to ship extra software program and subscriptions, whereas nonetheless delivering best-in-class, high-performance {hardware}. With Splunk becoming a member of Cisco, we’ll speed up our enterprise transformation, which can permit us to place innovation within the fingers of our prospects sooner, present larger predictability and visibility in our enterprise, and assist drive progress and long-term shareholder worth.
I’m additionally excited in regards to the sturdy cultural match between our two organizations with each Cisco and Splunk having related values, sturdy cultures, and extremely gifted groups. Each Cisco and Splunk are recurrently acknowledged as “Nice Locations to Work,” with Cisco attaining the highest spot in the US for 3 years in a row. I’m so pleased with what we’ve constructed as Cisco and consider that, collectively, we will make an excellent larger influence as we got down to enhance individuals’s lives and communities throughout the globe in powering a extra inclusive future for all. I’m additionally thrilled that upon shut of the acquisition, Splunk’s CEO, Gary Steele, will be a part of Cisco’s Government Management Crew, reporting to me.
That is really a historic day for Cisco. We’ve got unbelievable momentum, and this will likely be strengthened additional with the addition of Splunk to our crew. Collectively, we’ll carry trusted innovation management, an excellent go-to-market engine, and a world-class tradition that can assist our prospects transfer with larger pace to quickly unlock new alternatives forward. I’m extremely excited to see all that we will obtain collectively.
Ahead-Trying Statements
This weblog incorporates forward-looking statements which can be topic to dangers, uncertainties and different components that might trigger precise outcomes to vary materially from these referred to within the forward-looking statements. All statements apart from statements of historic truth (together with statements containing the phrases “will,” “believes,” “plans,” “anticipates,” “expects,” “estimates,” “strives,” “aim,” “intends,” “might,” “endeavors,” “continues,” “initiatives,” “seeks,” “targets,” or the detrimental of those phrases or different comparable terminology, in addition to related expressions) are statements that might be deemed forward-looking statements, though not all forward-looking statements include these figuring out phrases. For instance, statements relating to integration plans and the anticipated advantages to Cisco, Splunk, and their respective prospects from finishing the transaction are forward-looking statements. Dangers, uncertainties and assumptions embrace these described within the press launch asserting our proposed transaction with Splunk and in Cisco’s SEC studies (together with however not restricted to its most up-to-date report on Kind 10-Okay filed with the SEC on September 7, 2023, respectively). These paperwork can be found freed from cost on the SEC’s web site at www.sec.gov or by going to Cisco’s Investor Relations web site at https://investor.cisco.com. If any of those dangers or uncertainties materializes or any of those assumptions proves incorrect, Cisco’s outcomes may differ materially from its expectations in these statements. Cisco undertakes no obligation to revise or replace any forward-looking assertion for any purpose, besides as required by legislation.
Further Info and The place to Discover It
In reference to the proposed transaction and required stockholder approval, Splunk will file with the SEC a preliminary proxy assertion and a definitive proxy assertion. The proxy assertion will likely be mailed to the stockholders of Splunk. Splunk’s stockholders are urged to rigorously learn the proxy assertion (together with all amendments, dietary supplements and any paperwork integrated by reference therein) and different related supplies filed or to be filed with the SEC and of their entirety after they turn into obtainable as a result of they may include essential details about the proposed transaction and the events to the transaction. Buyers might receive free copies of those paperwork (when they’re obtainable) and different paperwork filed with the SEC at its web site at http://www.sec.gov. As well as, traders might receive free copies of the paperwork filed with the SEC by Splunk by going to Splunk’s Investor Relations web page on its company web site at https://traders.splunk.com or by contacting Splunk Investor Relations at ir@splunk.com.
Members within the Solicitation
Splunk and its government officers and administrators could also be deemed to be individuals within the solicitation of proxies from Splunk’s stockholders with respect to the transaction. Details about Splunk’s administrators and government officers, together with their possession of Splunk securities, is ready forth within the proxy assertion for Splunk’s 2023 Annual Assembly of Stockholders, which was filed with the SEC on Might 9, 2023, Kind 8-Okay filed with the SEC on September 21, 2023, and Splunk’s different filings with the SEC. Buyers might receive extra detailed data relating to the direct and oblique pursuits of Splunk and its respective government officers and administrators within the transaction, which can be totally different than these of Splunk stockholders typically, by studying the preliminary and definitive proxy statements relating to the transaction, which will likely be filed with the SEC.
As well as, Cisco and its government officers and administrators could also be deemed to have participated within the solicitation of proxies from Splunk’s stockholders in favor of the approval of the transaction. Info regarding Cisco’s administrators and government officers is ready forth in Cisco’s proxy assertion for its 2022 Annual Assembly of Stockholders, which was filed with the SEC on October 18, 2022, annual report on Kind 10-Okay filed with the SEC on September 7, 2023, Kinds 8-Okay filed with the SEC on February 21, 2023, July 19, 2023, and September 21, 2023, and Cisco’s different filings with the SEC. These paperwork can be found freed from cost on the SEC’s web site at www.sec.gov or by going to Cisco’s Investor Relations web site at https://investor.cisco.com.
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