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 Channel Futures


Business rumor

#4: Rumored $20 Billion Splunk Acquisition Would Make Cisco ‘Overpowering Cybersecurity Giant’

  • Written by Craig Galbraith
  • December 20, 2022

Let’s jump in the wayback machine to … February … when we posted some analysis on a Wall Street Journal article that said Cisco offered $20 billion to buy Splunk, a move that would’ve created one of the world’s largest cybersecurity providers.

It was pretty exciting at the time, but never came to fruition.

We went to the partner community of their thoughts. Most said the move could be a real winner for Cisco.

“Should Cisco decide to make this transaction or another similar transaction, [it] could easily bridge the gap in to the missing components of the Cisco security offering or fabric,” Chris Ichelson, CEO at MSSP 360 SOC, told Channel Futures. “A purchase of Splunk would include a leading data-driven platform coupled with a leading SOAR ‘Phantom.’ My opinion is Cisco could win back many lost security customers with this.”

 

 

 

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Craig Galbraith

Craig Galbraith is the editorial director for Channel Futures and Channel Partners, 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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