SignalFx was last valued at $500 million. Now, Splunk will acquire it for $1.05 billion. Here's why Splunk believes SignalFx's products are valuable.

Forbes contributors publish independent expert analyses and insights. I write about disruptive companies, technologies and usage models. The Formula 1 U.S. Grand Prix was in my hometown of Austin back ...

Cisco beat EPS and revenue estimates, raising its 2024 revenue outlook to $53.6-$53.8 billion. The stock price remained flat, decreasing by only 0.13%. The fair stock price estimate is $63.63, with a ...

Last October, Resolve AI raised a $35 million seed round led by Greylock with participation from World Labs founder Fei-Fei ...

The data analytics and observability industry is growing fast, but data parsing software leader Splunk (SPLK +0.00%) has been a laggard over the last year. Shares are down some 35% over the last ...

WORKING, UK & SAN FRANCISCO--(BUSINESS WIRE)--Splunk Inc. (NASDAQ:SPLK), provider of the Data-to-Everything Platform, and McLaren Racing have today announced a multi-year partnership extension which ...

Splunk’s stock jumped as much as 10% in after hours Wednesday on the heels of the SignalFx acquisition and a quarterly earnings report in which the company beat Wall Street expectations. Software ...

SAN FRANCISCO--(BUSINESS WIRE)--Splunk Inc. (NASDAQ: SPLK), provider of the Data-to-Everything Platform, today announced it was ranked No. 1 in IDC’s Worldwide IT Operations Analytics Software Market ...

The private equity firm must think the big data software leader has potential it hasn't lived up to. Splunk's $1 billion cash windfall gets it access to some cheap capital -- at least cheap in the ...

Splunk stock leaped 14% after the company announced a $1 billion investment from Silver Lake. The cash infusion will be plowed back into the business and used to fund a $1 billion share buyback.