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Splunk, Inc. Message Board

  • bigdatasci bigdatasci Jan 14, 2013 6:41 PM Flag

    Where is the SEC on this fantasy “Splunk may be bought by IBM”

    Some obscure firm Drexel Hamilton and even more irrelevant staff member (James Gilman) decides to float rumors about IBM looking to acquire Splunk. Really, great and if it was true this sounds like inside information. Then he comes up with a price of 4 billion. #$%$, and then this gets picked up by countless publications. What is the backup for a 4 billion price tag? It feels like the year 2000 all over again. This behavior sounds illegal and worthy of an SEC investigation to see if clients made money on this rumor/ pump and dump.

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    • I have been openly speculating that IBM and Oracle are both leading candidates to buy Splunk for many months. IBM needs to make acquisitions to complete more effectively in the cloud with companies such as VMWare and its parent EMC. Splunk has proprietary technology attractive to IBM, Oracle and even EMC. Simply explained, many companies have data which they wish to retain but do not expect to need to look at possibly forever or at least not for a very long time. But should they unexpectedly want to look at some of this data, they want virtually instant access. Splunk provides this service with proprietary software which no other company can come close to offering although there are pretenders claiming equivalent or superior software. Don't believe them, Splunk is the Best in Breed with by far the Best Technology.
      Mojo.

 
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69.57+2.070(+3.07%)Feb 26 4:00 PMEST

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