Cisco Systems Inc. has made a takeover offer worth more than $20 billion for software maker Splunk Inc., according to people familiar with the matter, in what would be the networking giant’s biggest acquisition ever.

The offer was made recently and the companies aren’t currently in active talks, some of the people said.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

GM Recalls Some Chevy Silverado Trucks Over Fire Risk

.css-gqk1n{box-sizing:border-box;-webkit-text-decoration:none;text-decoration:none;min-height:32px;min-width:64px;cursor:default;overflow:hidden;border:none;-webkit-appearance:none;-moz-appearance:none;-ms-appearance:none;appearance:none;background-color:transparent;border-radius:2px;color:rgba(34,34,34,1);cursor:pointer;}.css-gqk1n svg{width:16px;height:16px;}.css-gqk1n svg{fill:rgba(34,34,34,1);}.css-gqk1n:hover:not(:disabled){background-color:rgba(244,244,244,1);}.css-gqk1n:active:not(:disabled){background-color:rgba(235,235,235,1);}.css-gqk1n:disabled{color:#ABABAB;}.css-gqk1n:disabled svg{fill:#ABABAB;}.css-gqk1n:focus-visible:not(:disabled){outline-color:rgba(10,102,216,1);outline-style:solid;outline-width:2px;outline-offset:2px;}@media not all and (min-resolution: 0.001dpcm){@supports (-webkit-appearance: none) and…

G-7 ‘absolutely unified’ over consequences if Russia invades Ukraine: State Dept.

LIVERPOOL, England — The G-7 is absolutely united in its concerns over…

Apple’s Services Business Could Be Hit in Google Antitrust Battle

The Google deal accounts for a big chunk of Apple’s so-called services…

Monkey calls 911 from cellphone, sending deputies to California zoo

SAN LUIS OBISPO, Calif. — Cops usually have a prime suspect. In…