Big M&A: Cisco-Splunk Update, SAP, Broadcom-VMware Latest, Palo Alto Networks Rumors

The M&A chatter isn't limited to big vendors. MSPs and technology vendors have been getting into the act in a big way.

Craig Galbraith, Editorial Director

October 11, 2023

17 Slides

Big M&A deals over the past month had people talking.

None was bigger than Cisco’s announcement that it would spend $28 billion on Splunk, the security information and event management company. We’ll have to wait a while for that to clear regulatory hurdles.

The next biggest is also in the security sector — but it hasn’t happened yet. Palo Alto Networks is rumored to be going after a couple of cyber companies in Israel in what could be a deal worth $1 billion.

Not to be outdone, CrowdStrike announced a deal at its Fal.Con event to buy Bionic, the provider of an application security posture management platform.

More Big M&A Deals than Just Security

But cybersecurity wasn’t the only pool M&A was playing in last month. A handful of managed service providers either acquired other MSPs or took investments from private-equity companies. And lest you think the more traditional technology advisor community was left out, Bluewave Technology Group headed to the Bluegrass State for its third acquisition there.

We’ve updated you plenty on Broadcom’s pending acquisition of VMware, which is scheduled to close at the end of this month. But you might not have seen the leaked email that details what could be happening to some VMware employees.

All of those details around big M&A deals can be found in the slideshow above. And if you missed our last big M&A update, it’s here.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Craig Galbraith or connect with him on LinkedIn.

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About the Author(s)

Craig Galbraith

Editorial Director, Channel Futures

Craig Galbraith is the editorial director for Channel Futures, joining the team in 2008. Before that, he spent more than 11 years as an anchor, reporter and managing editor in television newsrooms in North Dakota and Washington state. Craig is a proud Husky, having graduated from the University of Washington. He makes his home in the Phoenix area.

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