Right this moment, I’m thrilled to announce Cisco’s intent to accumulate Splunk Inc., the chief in cybersecurity and observability. This can convey collectively two highly effective innovation engines and create one of many largest software program corporations globally. This mixture will speed up Cisco’s technique to securely join all the pieces to make something doable.
Cisco and Splunk are two leaders with complementary capabilities throughout AI, safety, and observability, and collectively we are going to 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 fast tempo with the acceleration and adoption of AI. Whereas these new applied sciences create huge alternatives, additionally they add even larger complexity — in contrast to something we’ve ever seen.
Knowledge is among the strongest sources in enterprise, with each group counting on it to assist keep securely related, run their enterprise, and make mission-critical choices. Nevertheless, prospects want a greater method to handle, defend, and unlock information’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 information — community information, identities, emails, net site visitors, endpoints, and processes. With Splunk, Cisco is including one of many world’s finest information platforms to Cisco’s sturdy safety portfolio. The mix 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. Collectively, Cisco and Splunk see a broad vary of information throughout functions, safety, and the community. With the dimensions we convey and a deep basis of belief, we imagine we’re very properly positioned to offer prospects visibility to their information and allow them to reap the benefits of the numerous alternatives with AI.
Collectively, Cisco and Splunk will deal with 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 are going to try to assist our prospects make sense of what’s occurring of their infrastructure, make choices and act on insights rapidly, and assist safe their information and their whole 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 are going to 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 development and long-term shareholder worth.
I’m additionally excited concerning 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 america for 3 years in a row. I’m so happy with what we’ve constructed as Cisco and imagine that, collectively, we will make a good larger impression as we got down to enhance folks’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 part of Cisco’s Government Management Group, reporting to me.
That is actually a historic day for Cisco. We have now unbelievable momentum, and this will likely be strengthened additional with the addition of Splunk to our staff. Collectively, we are going to convey trusted innovation management, an excellent go-to-market engine, and a world-class tradition that may assist our prospects transfer with larger velocity to quickly unlock new alternatives forward. I’m extremely excited to see all that we will obtain collectively.
Ahead-Wanting Statements
This weblog comprises forward-looking statements which can be topic to dangers, uncertainties and different elements 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,” “aim,” “intends,” “might,” “endeavors,” “continues,” “tasks,” “seeks,” “targets,” or the unfavorable 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 concerning 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 embody these described within the press launch saying our proposed transaction with Splunk and in Cisco’s SEC experiences (together with however not restricted to its most up-to-date report on Type 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 might 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.
Extra 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 included by reference therein) and different related supplies filed or to be filed with the SEC and of their entirety once they grow to be accessible as a result of they may include essential details about the proposed transaction and the events to the transaction. Traders might get hold of free copies of those paperwork (when they’re accessible) and different paperwork filed with the SEC at its web site at http://www.sec.gov. As well as, buyers might get hold of 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://buyers.splunk.com or by contacting Splunk Investor Relations at ir@splunk.com.
Individuals within the Solicitation
Splunk and its govt officers and administrators could also be deemed to be contributors within the solicitation of proxies from Splunk’s stockholders with respect to the transaction. Details 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 Assembly of Stockholders, which was filed with the SEC on Might 9, 2023, Type 8-Ok filed with the SEC on September 21, 2023, and Splunk’s different filings with the SEC. Traders might get hold of extra detailed info concerning the direct and oblique pursuits of Splunk and its respective govt officers and administrators within the transaction, which can be totally different than these of Splunk stockholders usually, by studying the preliminary and definitive proxy statements concerning the transaction, which will likely be filed with the SEC.
As well as, 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. Info regarding Cisco’s administrators and govt officers is about 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 Type 10-Ok filed with the SEC on September 7, 2023, Types 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.
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