Tag: Gary Steele

Cisco announces acquisition of Splunk

Cisco and Splunk, the cybersecurity and observability leader, announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value. Upon close of the acquisition, Splunk President and CEO Gary Steele will join Cisco’s Executive Leadership Team reporting to Chair and CEO Chuck Robbins, a statement said. The acquisition builds…

Proofpoint to be Acquired by Thoma Bravo for $12.3 Billion

Proofpoint, Inc., a leading cybersecurity and compliance company, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, in an all-cash transaction that values Proofpoint at approximately $12.3 billion. Under the terms of the agreement, Proofpoint…