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With Cisco Devices Inc.’s pending acquisition of Splunk Inc., the networking giant is earning another major stage towards turning into a computer software organization.
On Thursday, Cisco CSCO reported it was buying Splunk SPLK in a offer valued at about $28 billion, or $157 a share in income, for the cloud-protection business. The match had been speculated about for years, and Cisco has been on a getting binge this 12 months, as it seeks to improve with a lot more protection and program choices.
“Together, we will become one of…
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