splunk: Cisco made USD20 billion-plus takeover offer for Splunk: Report
The offer was made recently and the companies are not in active talks, the newspaper said, citing some of the sources.
Cisco did not immediately respond to a request for comment. Splunk said it does not comment on rumors or speculation.
In November last year, San Francisco-based Splunk announced Doug Merritt has stepped down as its chief executive officer (CEO) and that the company's chair, Graham Smith, would be the interim CEO.
Founded in 2003, the software solutions provider has a market capitalisation of USD18.2 billion, according to Refinitiv Eikon data.
( Details and picture courtesy Gadgetsnow, the content is auto-generated from news feed.)
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