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Cisco Acquires Splunk

splunk.com

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Re: Cisco Acquires Splunk

#381

Post by onei »

nathancahill wrote: post #370
tw04 wrote: post #11

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 stack…

Someone wasn't surprised: https://x.com/unusual_whales/status/1704870849831125446?s=20

From an outsider perspective, it looks hard to label this as anything but insider trading. Is that the wrong take?

Re: Cisco Acquires Splunk

#382

Post by patrikmansuri »

onei wrote: post #381
nathancahill wrote: post #370

Earlier quoted context omitted.

Someone wasn't surprised: https://x.com/unusual_whales/status/1704870849831125446?s=20

From an outsider perspective, it looks hard to label this as anything but insider trading. Is that the wrong take?

That's exactly what it looks like

Re: Cisco Acquires Splunk

#383

Post by secfirstmd »

onei wrote: post #381
nathancahill wrote: post #370

Earlier quoted context omitted.

Someone wasn't surprised: https://x.com/unusual_whales/status/1704870849831125446?s=20

From an outsider perspective, it looks hard to label this as anything but insider trading. Is that the wrong take?

Possibly. I guess you can't remove the idea that the information was found through some open means. For all we know the private jets of the Cisco leaders might have been in the same location as those from Splunk.

Re: Cisco Acquires Splunk

#384

Post by knallfrosch »

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.

So Splunk is too expensive and there are better products and people keep paying. This doesn't really add up.

Re: Cisco Acquires Splunk

#385

Post by markstos »

akulbe wrote: post #41
bugsense wrote: post #38

Earlier quoted context omitted.

Splunk is a dead player too. It's a great match.

What makes you say Splunk is a dead player? Not arguing with you, it's genuine curiosity on my part.

Splunk bought VictorOps and the product has been stagnant or even worse since then.

PagerDuty is significantly better for about the same price and demonstrates ways in which the product could have kept improving.

Re: Cisco Acquires Splunk

#386

Post by Sebguer »

onei wrote: post #381
nathancahill wrote: post #370

Earlier quoted context omitted.

Someone wasn't surprised: https://x.com/unusual_whales/status/1704870849831125446?s=20

From an outsider perspective, it looks hard to label this as anything but insider trading. Is that the wrong take?

Matt Levine's money stuff offered the hypothesis that it could just be normal gambling. But, it's almost definitely insider trading, and either way, someone will definitely be getting an SEC visit.

Re: Cisco Acquires Splunk

#387

Post by j33zusjuice »

sanderjd wrote: post #115
davinci123 wrote: post #89

Earlier quoted context omitted.

when you read Hacker News thread - every single one of them feels like the world is falling apart. Splunk is a dud or so everyone here thinks: https://siliconangle.com/2023/08/23/splunk-shares-surge-stro...

This is not actually dissonant! HN is mostly a place where technologists gather, not corporate heads of IT or other business people. This is especially true of the subset of users who actively participate rather than only reading. And it is not unusual in the least for an enterprise product to be wildly profitable but not admired by technologists. Indeed, it's the default; Oracle, SAP, Microsoft, etc. What is interes…

RH was acquired and ruined already. They were it, though.

Re: Cisco Acquires Splunk

#388

Post by aodin »

secfirstmd wrote: post #383
onei wrote: post #381

Earlier quoted context omitted.

From an outsider perspective, it looks hard to label this as anything but insider trading. Is that the wrong take?

Possibly. I guess you can't remove the idea that the information was found through some open means. For all we know the private jets of the Cisco leaders might have been in the same location as those from Splunk.

They bought 1-day options, so they knew the timing of the announcement.

Re: Cisco Acquires Splunk

#389

Post by smilbandit »

nathancahill wrote: post #370
tw04 wrote: post #11

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 stack…

Someone wasn't surprised: https://x.com/unusual_whales/status/1704870849831125446?s=20

My depth of stock trading stops at the buy low sell high level. Can someone explain a little more if you have time? What would have happened to those trades if splunk had went down 20%?

Re: Cisco Acquires Splunk

#390

Post by mschuster91 »

manvillej wrote: post #357
mschuster91 wrote: post #140

Earlier quoted context omitted.

> And while you're doing that, smaller competitors slowly creep up, eating up the bottom of you market, until you're stuck in a niche. So what, milking mega enterprise for ossified products is a decently profitable niche. IBM, SAP, that huge American company powering a lot of hospital IT, Cisco itself...

Epic, ServiceNow, Workday, Basically every ERP technology every invented.

ServiceNow actually is quite decent... if you have a good management team, that is. I know a well run implementation and one that's a horrid clusterfuck no one wants to use (and because of that, they're implementing some AI chatbot, which I'm sure will piss people off even more).
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