Immediately, I’m thrilled to announce Cisco’s intent to accumulate Splunk Inc., the chief in cybersecurity and observability. It will carry 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 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. Whereas these new applied sciences create huge alternatives, in addition they add even better complexity — in contrast to something we’ve ever seen.
Information is likely one of the strongest sources in enterprise, with each group counting on it to assist keep securely linked, run their enterprise, and make mission-critical choices. Nonetheless, prospects want a greater strategy to handle, shield, and unlock knowledge’s true worth whereas staying resilient and safe in a world that’s continuously altering.
The Cisco Safety Cloud has visibility into huge quantities of safety knowledge — community knowledge, identities, emails, internet visitors, endpoints, and processes. With Splunk, Cisco is including one of many world’s finest knowledge 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 information and safety challenges, Generative AI is quickly remodeling industries and creating new alternatives. Collectively, Cisco and Splunk see a broad vary of knowledge throughout purposes, safety, and the community. With the dimensions we carry and a deep basis of belief, we imagine we’re very effectively positioned to supply prospects visibility to their knowledge and allow them to make the most of the various alternatives with AI.
Collectively, Cisco and Splunk will tackle 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 are going to attempt 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 permit us to place innovation within the arms of our prospects sooner, present better predictability and visibility in our enterprise, and assist drive development and long-term shareholder worth.
I’m additionally excited in regards to the sturdy cultural match between our two organizations with each Cisco and Splunk having comparable values, sturdy cultures, and extremely proficient groups. Each Cisco and Splunk are often acknowledged as “Nice Locations to Work,” with Cisco reaching the highest spot in america for 3 years in a row. I’m so pleased with what we’ve constructed as Cisco and imagine that, collectively, we will make a fair greater affect 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 a part of Cisco’s Government Management Staff, reporting to me.
That is really a historic day for Cisco. We now have unimaginable momentum, and this can be strengthened additional with the addition of Splunk to our group. Collectively, we’ll carry trusted innovation management, an excellent go-to-market engine, and a world-class tradition that can assist our prospects transfer with better pace to quickly unlock new alternatives forward. I’m extremely excited to see all that we will obtain collectively.
Ahead-Trying Statements
This weblog incorporates forward-looking statements which might be topic to dangers, uncertainties and different elements that might trigger precise outcomes to vary materially from these referred to within the forward-looking statements. All statements aside from statements of historic reality (together with statements containing the phrases “will,” “believes,” “plans,” “anticipates,” “expects,” “estimates,” “strives,” “purpose,” “intends,” “could,” “endeavors,” “continues,” “tasks,” “seeks,” “targets,” or the unfavourable of those phrases or different comparable terminology, in addition to comparable expressions) are statements that may very well be deemed forward-looking statements, though not all forward-looking statements comprise 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 asserting our proposed transaction with Splunk and in Cisco’s SEC reviews (together with however not restricted to its most up-to-date report on Kind 10-Okay 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 purpose, besides as required by regulation.
Extra Data 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 can 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 after they change into accessible as a result of they are going to comprise necessary details about the proposed transaction and the events to the transaction. Buyers could receive 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 could 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://buyers.splunk.com or by contacting Splunk Investor Relations at ir@splunk.com.
Individuals within the Solicitation
Splunk and its government officers and administrators could also be deemed to be individuals within the solicitation of proxies from Splunk’s stockholders with respect to the transaction. Details about Splunk’s administrators and government 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, Kind 8-Okay filed with the SEC on September 21, 2023, and Splunk’s different filings with the SEC. Buyers could receive extra detailed info concerning the direct and oblique pursuits of Splunk and its respective government officers and administrators within the transaction, which can be completely different than these of Splunk stockholders typically, by studying the preliminary and definitive proxy statements concerning the transaction, which can be filed with the SEC.
As well as, Cisco and its government 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. Data regarding Cisco’s administrators and government 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 Kind 10-Okay filed with the SEC on September 7, 2023, Kinds 8-Okay 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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