Previous Close | 156.90 |
Open | 156.93 |
Bid | 156.55 x 2200 |
Ask | 156.56 x 1300 |
Day's Range | 156.90 - 156.90 |
52 Week Range | 82.19 - 156.97 |
Volume | |
Avg. Volume | 1,969,930 |
Market Cap | 26.444B |
Beta (5Y Monthly) | 1.00 |
PE Ratio (TTM) | 103.22 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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Cisco Systems completed its $28 billion all-cash acquisition of Splunk the provider of observability software, well ahead of schedule. Splunk’s results weren’t included in Cisco’s previous financial forecasts. Cisco said Monday the acquisition will be cash-flow positive (excluding certain acquisition-related costs and other expenses) and will boost non-GAAP gross margin in Cisco’s fiscal year ending July 2025.
(Bloomberg) -- At a time when many large mergers are being blocked or delayed by regulators, Cisco Systems Inc. took just six months to close its $28 billion acquisition of Splunk.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamNvidia Unveils Successor to Its All-Conquering AI ProcessorMusk Says His Ketamine Prescription Is in Investors’ Best InterestsEvergrande’s Alleged $78 Billion Fraud I
Cisco Systems Inc. officially closed its $28 billion deal to buy Splunk Inc. Cisco CEO Chuck Robbins and former Splunk CEO Gary Steele talk about how they will merge the companies. They say this deal will be good for customers and there is not much product overlap. They appear on "Bloomberg Markets."