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Cisco Acquires Splunk

splunk.com

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Re: Cisco Acquires Splunk

#11

Post by tw04 »

Wow - I guess I'm both surprised and completely unsurprised. Surprised because Splunk is a pretty big pill to swallow. Unsurprised because they've obviously been interested in the space for a long time (they attempted to acquire Datadog and got shot down).

https://realmoney.thestreet.com/investing/technology/cisco-r...

Good luck Splunk folks - Cisco isn't exactly known for their software innovation in the upper stacks (they still do pretty incredible things at the network OS layer).

Re: Cisco Acquires Splunk

#12

Post by tw04 »

wittekm wrote: post #4

Genuinely surprised anybody would acquire Splunk in 2023. Whenever you hear about Splunk from security engineers, they're actively trying to get off it (edit: yes, primarily because of cost). Better, next-gen SIEMs are either here or around the corner.

I haven't heard a single person trying to get off of it because "there are better SIEMs" - they're universally looking at other options because of the price.

Cisco has the luxury of bundle and save that Splunk does not.

Re: Cisco Acquires Splunk

#13

Post by georgyo »

wittekm wrote: post #4

Genuinely surprised anybody would acquire Splunk in 2023. Whenever you hear about Splunk from security engineers, they're actively trying to get off it (edit: yes, primarily because of cost). Better, next-gen SIEMs are either here or around the corner.

Splunk is a great product with horrible sales and business team.

The reason why them _trying_ to get off it is because they have a bunch of stuff that is easy and works in splunk, but don't want to pay the exorbitant licensing, or pay even more to increase their use.

But getting off a good product is hard, and they will continue to use it and even pay.

The kind of thing Cisco, Oracle, and IBM love are companies with very expensive products in which no development needs to happen and customers cannot move away easily.

Re: Cisco Acquires Splunk

#14

Post by SOLAR_FIELDS »

willk wrote: post #5
wittekm wrote: post #4

Genuinely surprised anybody would acquire Splunk in 2023. Whenever you hear about Splunk from security engineers, they're actively trying to get off it (edit: yes, primarily because of cost). Better, next-gen SIEMs are either here or around the corner.

I think they’re trying to get off of it because it is so freaking expensive.

I used Splunk at a previous job and that’s one of my few/only complaints with it. Great tool but extremely expensive for what you get. Datadog is the same way as well as Pagerduty. There’s not enough competition in these spaces

Re: Cisco Acquires Splunk

#15

Post by badblock »

burren wrote: post #6
wittekm wrote: post #4

Genuinely surprised anybody would acquire Splunk in 2023. Whenever you hear about Splunk from security engineers, they're actively trying to get off it (edit: yes, primarily because of cost). Better, next-gen SIEMs are either here or around the corner.

[flagged]

There’s a couple out there, Devo, Exabeam and Sumo Logic are the big three I’ve seen most recently.

Re: Cisco Acquires Splunk

#16

Post by softwaredoug »

wittekm wrote: post #4

Genuinely surprised anybody would acquire Splunk in 2023. Whenever you hear about Splunk from security engineers, they're actively trying to get off it (edit: yes, primarily because of cost). Better, next-gen SIEMs are either here or around the corner.

Sounds exactly like the kind of Enterprise software Cisco wants.... At that pricepoint they don't really care what the security engineers want, they sell to higher level folks.

Re: Cisco Acquires Splunk

#19

Post by jve »

projectileboy wrote: post #17

Does anyone have an example of an acquisition where the products of the acquired company then became better?

GitHub

I'm sure there are tons of other, lesser known acquisitions... looking at what Apple acquires - seems relevant to be integrated into their products: https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...

Oh, wow, they even acquired Intel smartphone modem business at 2019 and other Semiconductor businesses.

Re: Cisco Acquires Splunk

#20

Post by davidu »

projectileboy wrote: post #17

Does anyone have an example of an acquisition where the products of the acquired company then became better?

Meraki and OpenDNS both became better post acquisition, and in both cases I’d say it was because Cisco let them continue to maintain a lot of control, the leaders stayed around, and the majority of the engineering teams did, too. Cisco has a long list of successful acquisitions. The release says Gary will report to Chuck directly, which is a strong sign Chuck will make sure Splunk succeeds. (nb, I was CEO of OpenDNS)
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