At this time, I’m thrilled to announce Cisco’s intent to accumulate Splunk Inc., the chief in cybersecurity and observability. This may carry collectively two highly effective innovation engines and create one of many largest software program firms globally. This mix will speed up Cisco’s technique to securely join all the things 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 world wide have digitized their companies, and it’ll proceed to evolve at an much more fast tempo with the acceleration and adoption of AI. Whereas these new applied sciences create huge alternatives, in addition they add even larger complexity — not like 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 related, run their enterprise, and make mission-critical selections. Nevertheless, prospects want a greater technique to handle, defend, and unlock information’s true worth whereas staying resilient and safe in a world that’s always altering.
The Cisco Safety Cloud has visibility into huge quantities of safety information — community information, identities, emails, internet site visitors, endpoints, and processes. With Splunk, Cisco is including one of many world’s finest information platforms to Cisco’s strong safety portfolio. The mix of Splunk and Cisco will assist companies transfer from risk detection and response to risk prediction and prevention, making organizations of all sizes safer and resilient.
On high of the info and safety challenges, Generative AI is quickly remodeling industries and creating new alternatives. Collectively, Cisco and Splunk see a broad vary of information throughout functions, safety, and the community. With the size we carry and a deep basis of belief, we consider we’re very nicely positioned to offer prospects visibility to their information and allow them to reap the benefits of the various alternatives with AI.
Collectively, Cisco and Splunk will handle these challenges and create new alternatives for organizations world wide by providing best-in-class applied sciences to guard, join, and advance their missions. We’ll try to assist our prospects make sense of what’s occurring of their infrastructure, make selections and act on insights rapidly, and assist safe their information 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 can permit us to place innovation within the palms of our prospects sooner, present larger predictability and visibility in our enterprise, and assist drive development and long-term shareholder worth.
I’m additionally excited concerning the sturdy cultural match between our two organizations with each Cisco and Splunk having comparable values, sturdy cultures, and extremely gifted groups. Each Cisco and Splunk are commonly acknowledged as “Nice Locations to Work,” with Cisco attaining the highest spot in the USA for 3 years in a row. I’m so pleased with what we’ve constructed as Cisco and consider that, collectively, we are able to make a fair larger impression 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 Crew, reporting to me.
That is actually a historic day for Cisco. We’ve unimaginable momentum, and this will probably be strengthened additional with the addition of Splunk to our workforce. Collectively, we’ll carry trusted innovation management, an excellent go-to-market engine, and a world-class tradition that may assist our prospects transfer with larger pace to quickly unlock new alternatives forward. I’m extremely excited to see all that we are able to 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 apart from statements of historic reality (together with statements containing the phrases “will,” “believes,” “plans,” “anticipates,” “expects,” “estimates,” “strives,” “aim,” “intends,” “might,” “endeavors,” “continues,” “initiatives,” “seeks,” “targets,” or the unfavorable 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 embrace these described within the press launch saying our proposed transaction with Splunk and in Cisco’s SEC experiences (together with however not restricted to its most up-to-date report on Kind 10-Ok 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 cause, besides as required by legislation.
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 will probably 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 integrated by reference therein) and different related supplies filed or to be filed with the SEC and of their entirety after they turn into obtainable as a result of they’ll comprise essential details about the proposed transaction and the events to the transaction. Traders might get hold of free copies of those paperwork (when they’re obtainable) and different paperwork filed with the SEC at its web site at http://www.sec.gov. As well as, traders might get hold of 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://traders.splunk.com or by contacting Splunk Investor Relations at ir@splunk.com.
Members within the Solicitation
Splunk and its government officers and administrators could also be deemed to be contributors 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 ready 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-Ok filed with the SEC on September 21, 2023, and Splunk’s different filings with the SEC. Traders might get hold of extra detailed data 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 will probably 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 ready 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-Ok filed with the SEC on September 7, 2023, Kinds 8-Ok 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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