This chapter delves into Cisco's recent acquisition of Splunk for $28 billion, examining the reasons behind the deal and its potential benefits for both companies. It highlights the importance of network visibility and managing data traffic, and discusses the impact on Cisco's share price. Additionally, it explores the significance of Splunk CEO Gary Steele staying with the company and speculates on Cisco's future acquisitions.
Bloomberg Intelligence Senior Technology Analyst Woo Jin Ho reports on Cisco Systems agreeing to buy Splunk in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis. Frank Sorrentino, CEO at ConnectOne Bank, discusses what Fed policy means for banks and small businesses. Dr. William Moss, Professor of Epidemiology at Johns Hopkins Bloomberg School of Public Health, shares his thoughts on the recent roll out of Pfizer and Moderna booster vaccines. Tara Nathan, Founder and Leader of Mastercard Community Pass, talks about transforming the delivery of social services in remote communities in Africa and South Asia. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Global Economy Reporter Enda Curran share the details of Enda's Businessweek Magazine story The Fed’s Dream of a Soft Landing Is Facing a Triple Threat. And we Drive to the Close with Hilary Kramer, CIO at Kramer Capital Research.
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