Today, I’m thrilled to announce Cisco’s intent to amass Splunk Inc., the chief in cybersecurity and observability. This will convey 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 every little thing to make something doable.
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 around the globe have digitized their companies, and it’ll proceed to evolve at an much more speedy tempo with the acceleration and adoption of AI. While these new applied sciences create huge alternatives, additionally they add even higher complexity — in contrast to something we’ve ever seen.
Data is among the strongest assets in enterprise, with each group counting on it to assist keep securely related, run their enterprise, and make mission-critical choices. However, prospects want a greater solution to handle, shield, and unlock knowledge’s true worth whereas staying resilient and safe in a world that’s continually altering.
The Cisco Security Cloud has visibility into huge quantities of safety knowledge — community knowledge, identities, emails, net site visitors, endpoints, and processes. With Splunk, Cisco is including one of many world’s finest knowledge platforms to Cisco’s strong safety portfolio. The mixture of Splunk and Cisco will assist companies transfer from menace detection and response to menace 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. Together, Cisco and Splunk see a broad vary of knowledge throughout functions, safety, and the community. With the dimensions we convey and a deep basis of belief, we consider we’re very properly positioned to supply prospects visibility to their knowledge and allow them to benefit from the various alternatives with AI.
Together, Cisco and Splunk will deal with these challenges and create new alternatives for organizations around the globe by providing best-in-class applied sciences to guard, join, and advance their missions. We will try to assist our prospects make sense of what’s taking place of their infrastructure, make choices and act on insights rapidly, and assist safe their knowledge and their total enterprise, multi functional 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 is able to enable us to place innovation within the palms of our prospects sooner, present higher predictability and visibility in our enterprise, and assist drive progress and long-term shareholder worth.
I’m additionally excited concerning the robust cultural match between our two organizations with each Cisco and Splunk having comparable values, robust cultures, and extremely gifted groups. Both Cisco and Splunk are repeatedly acknowledged as “Great Places to Work,” with Cisco reaching the highest spot within the United States 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 greater 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 Executive Leadership Team, reporting to me.
This is really a historic day for Cisco. We have unimaginable momentum, and this will probably be strengthened additional with the addition of Splunk to our workforce. Together, we’ll convey trusted innovation management, an excellent go-to-market engine, and a world-class tradition that can assist our prospects transfer with higher velocity to quickly unlock new alternatives forward. I’m extremely excited to see all that we will obtain collectively.
Forward-Looking Statements
This weblog comprises forward-looking statements which are topic to dangers, uncertainties and different components that would trigger precise outcomes to vary materially from these referred to within the forward-looking statements. All statements apart from statements of historic reality (together with statements containing the phrases “will,” “believes,” “plans,” “anticipates,” “expects,” “estimates,” “strives,” “goal,” “intends,” “may,” “endeavors,” “continues,” “projects,” “seeks,” “targets,” or the unfavorable of those phrases or different comparable terminology, in addition to comparable expressions) are statements that could possibly be deemed forward-looking statements, though not all forward-looking statements include these figuring out phrases. For instance, statements concerning integration plans and the anticipated advantages to Cisco, Splunk, and their respective prospects from finishing the transaction are forward-looking statements. Risks, uncertainties and assumptions embody these described within the press launch asserting our proposed transaction with Splunk and in Cisco’s SEC stories (together with however not restricted to its most up-to-date report on Form 10-Ok 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 motive, besides as required by legislation.
Additional Information and Where to Find 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 probably be mailed to the stockholders of Splunk. Splunk’s stockholders are urged to fastidiously learn the proxy assertion (together with all amendments, dietary supplements and any paperwork included by reference therein) and different related supplies filed or to be filed with the SEC and of their entirety once they turn into obtainable as a result of they’ll include vital details about the proposed transaction and the events to the transaction. Investors 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. In addition, 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://investors.splunk.com or by contacting Splunk Investor Relations at ir@splunk.com.
Participants within the Solicitation
Splunk and its govt officers and administrators could also be deemed to be individuals within the solicitation of proxies from Splunk’s stockholders with respect to the transaction. Information about Splunk’s administrators and govt officers, together with their possession of Splunk securities, is about forth within the proxy assertion for Splunk’s 2023 Annual Meeting of Stockholders, which was filed with the SEC on May 9, 2023, Form 8-Ok filed with the SEC on September 21, 2023, and Splunk’s different filings with the SEC. Investors might receive extra detailed info concerning the direct and oblique pursuits of Splunk and its respective govt officers and administrators within the transaction, which can be completely different than these of Splunk stockholders usually, by studying the preliminary and definitive proxy statements concerning the transaction, which will probably be filed with the SEC.
In addition, Cisco and its govt 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. Information regarding Cisco’s administrators and govt officers is about forth in Cisco’s proxy assertion for its 2022 Annual Meeting of Stockholders, which was filed with the SEC on October 18, 2022, annual report on Form 10-Ok filed with the SEC on September 7, 2023, Forms 8-Ok 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.
Share: