Big M&A: Cisco-Splunk Update, SAP, Broadcom-VMware Latest, Palo Alto Networks RumorsBig 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.
October 11, 2023
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.
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