SAN FRANCISCO (dpa-AFX) - Cisco Systems, Inc. (CSCO) announced the
completion of its acquisition of Splunk on Monday.

The acquisition at $157 per share in cash, amounted to around $28 billion in
equity value.

This combination of Cisco and Splunk aims to offer customers a comprehensive
range of benefits, including enhanced security solutions for threat prevention,
detection, investigation, and response across organizations of all sizes.

The collaboration also promises a solution for optimizing digital experiences in
a multi-cloud hybrid environment, a secure networking solution built on
intelligent and resilient infrastructure, improved AI integration within
organizations and applications, and a platform-driven approach by Cisco and
Splunk to enhance business outcomes and reduce costs.

It is anticipated that this transaction will generate positive cash flow and
result in non-GAAP gross margin accretion for Cisco in fiscal year 2025, with
non-GAAP earnings per share accretion expected in fiscal year 2026.

Furthermore, the acquisition is poised to accelerate revenue growth and non-GAAP
gross margin expansion for Cisco.



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