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Cisco’s Got Splunk, But SIEM Challenges Abound

Posted on AllSides September 21st, 2023
From The Center

Technology markets can move fast. Nothing demonstrates that better than today’s announcement that Cisco is buying Splunk in a $28 billion deal. First, rewind to 2020. Splunk was a leader in a market called security information and event management (SIEM) and its shares were flying high, hitting an all-time high. Two years later, in 2022, the company was struggling with a cloud transition, losing money, and its share price had been cut in half. That’s when it was rumored to be in talks with Cisco to be acquired. But the...

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