Splunk Inc. (SPLK) has cleared a significant regulatory hurdle in its proposed $28 billion merger with Cisco Systems Inc. (CSCO) , with the EU granting unconditional antitrust approval. This move marks Cisco's largest- ever deal and comes as part of its strategic initiative to bolster its software business, particularly in the thriving domain of artificial intelligence (AI), while also mitigating the slowdown in post-pandemic demand. In assessing the merger, the European Commission stated that it found no c ...