Cisco: Acquisition Of Splunk To Boost Growth
SPLKSplunk(SPLK) Seeking Alpha·2024-09-12 21:05
raisbeckfoto In our previous analysis, we highlighted that while Cisco Systems, Inc. (NASDAQ:CSCO) remained the market leader in the switching and routing market, it faces increasing competition from both major rivals and smaller players. However, we expected its growth to be supported by its Applications and Security segments, with projected growth rates of 5.4% and 12.1% respectively through 2026. In this analysis, we examine whether the company could benefit from the acquisition of Splunk in terms of ...