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To: E_K_S who wrote (74329)

11/19/2023 9:44:07 AM

From: E_K_S

Read Replies (2) | Respond to of 78673

What company did CSCO recently acquire, how much and at what cost? how was it financed?

Cisco's most recent acquisition was of Splunk, a cybersecurity software company, for $28 billion in an all-cash deal that closed on September 27, 2023. The acquisition was financed through a combination of cash on hand and newly issued debt.

Here is a table summarizing the acquisition:

Company AcquiredDate AcquiredPurchase PriceFinancing

Splunk

September 27, 2023

$28 billion

Cash and debt

The acquisition of Splunk is expected to significantly expand Cisco's cybersecurity capabilities and help the company address the growing demand for security solutions in the cloud and hybrid cloud environments.