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Cisco Acquires Splunk
- Thev00d00 3y ago$28 billion - $157 a share Splunk shares were trading at $119.59, so ~31% premium. Cisco lost 4% in premarket trading.
- rozenmd 3y agoAn average acquisition then: acquirer pays a premium to nudge the acquiree's board to approve acquirer's shareholders that disagree with the deal sell, in anticipation of value destruction
- airstrike 3y agonot so much "nudge the target's board to approve" as "allow the target board to approve" a board that approves a 0% premium (barring unusual exceptions) will be sued to oblivion
- airstrike 3y agoCisco cash is flowing out to Splunk shareholders so it makes sense that its equity value is X% lower after announcement
- selectodude 3y agoThere are ~4bn Cisco shares outstanding. CSCO is down $2. So the market thinks that Cisco is overpaying by $8bn, or a 33 percent premium. Seems pretty bang on to me. Score one for the efficient market hypothesis.
- illiac786 3y ago“the market thinks” is an expression that makes me cringe. The market does not think, it’s the result of multiple actions, which many many people pretend they can explain or even predict when really they cannot. "the market thinks” gives the stock trade market an aura of reason and intelligence which it absolutely does not deserve for many historical reasons. Trading as it exists today is unhinged capitalism, it’s a cancer on our societies as it widens the gap between rich and poor. It should be taxed, something like an Automated Payment Transaction tax, to make high frequency or even medium frequency trading simply unrentable. I’m not against the concept of stocks in general, but the way it operates now is simply sick, I don’t see how to phrase this differently.
- johnyzee 3y agoAll cash, too. Splunk was like, Cisco equity? Nah.
- swozey 3y ago$28 BILLION? Splunk???? my god
- wittekm 3y agoGenuinely 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.
- willk 3y agoI think they’re trying to get off of it because it is so freaking expensive.
- SOLAR_FIELDS 3y agoI 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
- ec109685 3y agoWhy is pagerduty hard to switch off of? It has all kinds of useless and expensive bells and whistles, while the core functionality is a commodity that several companies offer. We moved vendors a few time and it wasn’t that painful.
- solatic 3y agoWho else will call a POTS phone line when there's an alert? Fact: I'm not going to hear my phone ping in the middle of the night. I'm much more likely to hear my phone ring.
- hiatus 3y agoDepending on the team, a phone tree in twilio could do the trick, with calls made down the list if people do not pick up for escalation.
- reacharavindh 3y agoSomebody: Splunk has exorbitant prices and locked-in enterprise customers! Cisco: Oh these guys are just like us. Better buy them up. We know this business.
- petetnt 3y agoIt's apparently cheaper to buy Splunk than to a buy Splunk license.
- reacharavindh 3y ago:-) May be team at Cisco just wanted to buy a license, and they said "Call us", and one thing led to another, and ....
- lsofzz 3y ago> It's apparently cheaper to buy Splunk than to a buy Splunk license. Amen :)
- Trias11 3y ago[flagged]
- asynchronous 3y agoSplunk is ridiculously expensive even on an enterprise level
- xctr94 3y agoIt can go as high as 500–1500x compared to some competitors. I wonder how amazing Splunk is to be worth the price tag.
- caust1c 3y agoNot the first time they tried to buy a license! https://www.reuters.com/technology/cisco-made-20-billion-plus-takeover-offer-splunk-wsj-2022-02-11/ https://www.reuters.com/technology/cisco-made-20-billion-plu...
- airstrike 3y agoBetter link with data on the deal: https://www.prnewswire.com/news-releases/cisco-to-acquire-splunk-to-help-make-organizations-more-secure-and-resilient-in-an-ai-powered-world-301934777.html https://www.prnewswire.com/news-releases/cisco-to-acquire-sp...
- tw04 3y agoWow - 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-reported-offer-for-datadog-software-ambitions-15096681 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).
- bugsense 3y agoSplunk is a dead player too. It's a great match.
- akulbe 3y agoWhat makes you say Splunk is a dead player? Not arguing with you, it's genuine curiosity on my part.
- liveoneggs 3y agothey price-out medium customers so mind-share decreases
- dangus 3y agoAre medium-sized customers valuable to Splunk? In sales we call this "Ideal Customer Profile." Why do I want a customer with less money to spend if I have a product with enough capability for the gigantic money-is-no-object customers?
- tyingq 3y agoI believe the idea is that the big customers are interested because everyone is raving about it. If you price out the smaller customers, there's nobody to rave about it. Consider, for example, that Akamai's revenues are sitting in a plateau over the last 5 years, while Cloudflare is moving up.
- projectileboy 3y agoDoes anyone have an example of an acquisition where the products of the acquired company then became better?
- sokoloff 3y agoAndroid
- jve 3y agoGitHub 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_acquisitions_by_Apple 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.
- strunz 3y agoDarkSky seems to be a big exception to this
- dangus 3y agoI disagree. Apple Weather has become an amazing app since the DarkSky acquisition. I especially like the hourly charts.
- strunz 3y agoApple Weather may be better, but DarkSky is gone and it has not included all the features it used to have, such as hourly rain probability for any day.
- internet101010 3y agoOddly enough this is the one reason why I don't use Apple Weather. I live in Texas - if you don't have covered parking you will inevitably get hail damage. The 1-2 days per week I go into the office I have to check Accuweather beforehand. Precipitation probability is the most important thing in a weather app to me.
- whoiscroberts 3y agoWhere are my Elasticians?
- ateng 3y agoI was going to ask the same! What killer feature does Splunk has that could justify its hefty price tag, that Elastic couldn't do?
- petecooper 3y agoI'm using Suricata in production and evaluating OSSEC for viability, what else in the SIEM space is worth a look for Linux hackers?
- knoxa2511 3y agohttps://github.com/falcosecurity/falco https://github.com/falcosecurity/falco Like snort, but looks at system calls.
- mromanuk 3y agoI read content from Christopher Lochhead, I was interested in his talks about marketing and "category design", many examples were done with Splunk.
- smcleod 3y agoWell they deserve, and can have each other.
- stuff4ben 3y agoI guess Cisco's AppDynamic acquisition from a few years ago isn't panning out. Or maybe they're complimentary, who knows?
- bugsense 3y agoThoughts and prayers to the people who will be tasked to consolidate the portfolio.
- MDGeist 3y agoI bet they will just try to upsell all the AppD customers with Splunk ES/SIEM. If the Thousand Eyes and AppD integration is any indicator they will add a button in AppD that opens up Splunk...
- dangus 3y agoAppDynamics is primarily an APM product, not a SEIM. Also, from a business perspective, Cisco basically removed a competitor from the field.
- sidcool 3y agoCisco and Splunk have no overlapping business models, do they? What's the strategy behind it?
- count 3y agoCisco is pushing hard in the security space.
- barryrandall 3y agoGiven the announcement's emphasis on AI, I assume this is partly about being able to train models on customer data.
- marcus0x62 3y agoTo channel my inner John Chambers, this is a market adjacency. I.e., a way to expand into a market that complements something they already do. Their security product suite and data analytics tools would all naturally feed into Splunk. Cisco has, at various times, had products in the SIEM space[0], and it isn't unusual[1] for them to build or acquire a few tools in the same category before finding something that is a good product-market fit with some longevity. 0 - See MARS, https://en.wikipedia.org/wiki/Cisco_Security_Monitoring%2C_Analysis%2C_and_Response_System https://en.wikipedia.org/wiki/Cisco_Security_Monitoring%2C_A... 1 - A few examples: before WebEx, Cisco had MeetingPlace which was partially internally developed and partially built with external hardware and software products. Before Firepower Threat Defense (Snort acquisition,) there was the internally built ASA product line, which developed from the acquired PIX line. In load balancers, they had ACE (internally developed,) replacing CSS/CSM (based off of their Arrowpoint acquisition.) For NAC, they had NAC framework (internally developed, never really took off,) NAC appliance (acquired,) and now ISE (internally developed.) There are many, many, other examples here.
- manicennui 3y agoI'm guessing you know nothing about Cisco other than the fact that they make routers and switches.
- sidcool 3y ago
- leoc 3y agoIt's a strong effort, but not as cerebral as the classics, "Twitter Acquires Magic Pony" https://news.ycombinator.com/item?id=11937756 https://news.ycombinator.com/item?id=11937756 and "Salesforce Signs Definitive Agreement to Acquire Slack" https://www.youtube.com/watch?v=Qt9MP70ODNw https://www.youtube.com/watch?v=Qt9MP70ODNw .
- joncrane 3y agoPerhaps it's a bit premature. There's no price point in the announcement so there may be some details that drag out...
- hrunt 3y agoApparently, this will be an all-cash deal worth $28 billion[0]. [0] https://www.cnbc.com/2023/09/21/cisco-acquiring-splunk-for-157-a-share-in-cash.html https://www.cnbc.com/2023/09/21/cisco-acquiring-splunk-for-1...
- eigenvalue 3y agoI hated Splunk so much that I spent a couple days a few months ago writing a single 1200 line python script that does absolutely everything I need in terms of automatic log collection, ingestion, and analysis from a fleet of cloud instances. It pulls in all the log lines, enriches them with useful metadata like the IP address of the instance, the machine name, the log source, the datetime, etc. and stores it all in SQlite, which it then exposes to a very convenient web interface using Datasette. I put it in a cronjob and it's infinitely better (at least for my purposes) than Splunk, which is just a total nightmare to use, and can be customized super easily and quickly. My coworkers all prefer it to Splunk as well. And oh yeah, it's totally free instead of costing my company thousands of dollars a year! If I owned CSCO stock I would sell it-- this deal shows incredibly bad judgment.
- bluedays 3y agoSounds like a startup
- tw04 3y agoFor how many data sources? The whole reason everyone goes to Splunk is that it scales, and scales incredibly well. Large enterprises can generate hundreds of terabytes to petabytes every day. Splunk has all sorts of issues, but to pretend as if you can replace them in any large shop with a 1200 line python script and SQLite is just being disingenuous. This acquisition falls right into Cisco's sweet spot, they aren't chasing shops that can dump all their security and infrastructure logging into a SQLite database and not have it tip over in an hour.
- eigenvalue 3y agoIt's around 6 data sources on ~25 machines, but it could be easily scaled to way more than that with a bit of work. And I mean less work than it takes to do even trivially simple things using the horrible Splunk API. There are many thousands of small companies using Splunk and getting totally ripped off for a very mediocre product with a rapacious and annoyingly aggressive salesforce.
- 3y ago
- steveBK123 3y agoI imagine we will see a bit of a reckoning & consolidation in the space. For a lot of non-megacap companies, while observability is nice.. it might not meet the ROI hurdle in a high rate / low growth environment. That is - its hard to reconcile sending $$ Millions out the door to Datadog, Splunk, Pagerduty while you are trying to cut budgets elsewhere. Some of the disclosures by companies of what they've been spending on SaaS are pretty eye popping.
- mads_quist 3y agoTalking about PagerDuty, I created a humble competitor: https://allquiet.app https://allquiet.app I hope it will help some smaller teams/companies cope in this high rate / low growth environment. :=)
- deleted 3y ago[deleted]
- debacle 3y agoHow does Cisco generally do with acquisitions? Splunk is a pretty nice tool and I'd hate to see this tank it.
- weakfish 3y agoMeraki has been great acquisition. Disclaimer: I work at Cisco (Webex)
- paddy_m 3y agoHow does splunk compare to datadog and new relic?
- 123sereusername 3y agoGoodbye Splunk. We hardly knew yeah - but thanks for all the fish.
- Mandem12 3y ago[flagged]
- debarshri 3y agoBuilding splunk has become very democratised in today's day and age. Back in the day, logging, metrics, event collection etc. was a hard problem that they solved. Esp. when there weren't any simple distributed storage operators. They have been a cockroach in the orgs, surviving every downturn. As a dev, you might hate it, CISO and CIOs love it. Orgs, often mandate it. The way they dominated the market is via creating CEF formats, integrations. It is more than a logging solution right now. It is an XDR, threat analysis platform etc. This acquisition is going to be interesting with app dynamics+splunk and others, it feels like there is a larger play here for Cisco. I don't think the value that splunk have is transitive to ES or grafana. It is, its own thing.
- tootie 3y agoWhen I first saw Splunk in like 2010 it was mind-blowing. Back then, standard practice was to tile 8 ssh terminal windows and log -f everything I needed. I'm sure it looked cool, but it was damn near impossible to find what I was looking for.
- cliffcrosland 3y agoHow do you think Splunk will fare as more companies move to public clouds? Seems unbeatable on-prem, which probably means that the company is a good match for Cisco.
- debarshri 3y agoOn cloud, cloud providers have their own thing that is selling like hot cakes. But splunk has huge business on splunk cloud model too. I know lot of cloud providers are also whitelabeling known products.
- surfingdino 3y agoCongrats to the leadership team; thoughts and prayers to the engineering team.
- 5cott0 3y agoapropos of nothing splunk is the most user hostile UI I have ever had the extreme displeasure of being forced to use
- riddley 3y agoI guess you've never used SignalFX?
- saberience 3y agoDidn’t splunk acquire signalfx?
- foobiekr 3y agoYou must not have used Kibana. Kibana is so bad it seems deliberately so.
- bane 3y agoTo pile onto the Splunk "love" going on here. Splunk is one of those systems that's too "powerful" for small use-cases, but too expensive for the ones it's really designed for. Anecdote, I once worked with a client that really wanted to get Splunk, but produced so much network traffic that the discounted annual costs were more than the entire budget for the rest of the organization combined. That's staff, the building, equipment, power, water, everything...the estimated Splunk cost was more than that. They went with a combination of ELK and a small team of dedicated developers writing automation and analytics against Spark and some enterprise SQL database. Still expensive, still cheaper than Splunk.
- tw04 3y agoSplunk is honestly kind of the mainframe of SIEM. If you need it, you need it and can probably afford it and they know that. Can you do the job with something else for cheaper? Probably, but not as good and not as easy.
- KomoD 3y ago> That's staff, the building, equipment, power, water, everything...the estimated Splunk cost was more than that. Wow, it's THAT expensive?
- silverfox17 3y agoYou can't really make an informed decision without knowing how much data they were moving. For it to be that expensive, you'd need to be moving a ludicrous amount of data, and you can always parse data down to the required fields before indexing, which saves on licensing costs.
- Damogran6 3y agoin 20 years of doing SIEM and SIEMlike solutions, I've yet to find an engagement that said 'Oh, yes...our volumes are XX and YY'...mostly it's a /shrug and a less than educated guess. There's even reluctance to turning things on and _watching_ it for 10 minutes. An activity that would immediately give you a much better idea of volume. Folks just don't like doing it. Then you get the things were setting up a redundant logsource is just unwise. DNS logging was 2 orders of magnitude greater than everything else a SIEM was doing. And Email was about the same size.
- betaby 3y agoTens of billions? I hope sales justify those numbers ... or we are still in a bubble.
- gabthinking2017 3y agoDid not see this one coming. Wow.
- bugsense 3y agoIt was always a discussion within Splunk even back in 2014.
- ak217 3y agoI haven't used Splunk in a number of years due to its cost. Splunk seems like a good pairing for Cisco - it's complementary to its other offerings to less price sensitive orgs, like Meraki. I've used several Splunk competitors (Sumo Logic, Datadog, etc.) that all have various strengths but suffer from a lesser version of Splunk's problem (once you're locked in and up for renewal, watch out). I also tried some ELK-based stuff, which just plain sucked. The one thing that hasn't sucked is AWS CloudWatch Logs, after they added Insights (a log query engine). It has reasonable pricing and works really well if you're on AWS.
- physicles 3y agoWe’ve got some logs in CloudWatch, but I barely use it because the query interface is unfathomably slow (in terms of query throughput). Do you use the web interface to query, or some other way?
- ak217 3y agoThe Logs Insights interface (https://us-east-1.console.aws.amazon.com/cloudwatch/home?region=us-east-1#logsV2:logs-insights https://us-east-1.console.aws.amazon.com/cloudwatch/home?reg...) is fast enough for all our needs. You have to make sure you're using Insights and not the plain Logs query APIs, which are indeed very slow. For some applications, it also makes sense to use the built in Logs API that exports logs to S3 (the export process is very fast) then use any of a variety of tools geared toward searching through data on S3.
- mikhailfranco 3y agoEnshittification, then they die. https://www.wired.com/story/tiktok-platforms-cory-doctorow/ https://www.wired.com/story/tiktok-platforms-cory-doctorow/
- bbno4 3y agoThis is so cool, Cisco has long been an innovator in networking and now with Splunk too they'll make a killer combination!
- euph0ria 3y agoI've always found the first 30 seconds of this clip very funny when it comes to Splunk: https://www.youtube.com/watch?v=o_zonaHyd_g&t=5s https://www.youtube.com/watch?v=o_zonaHyd_g&t=5s
- glonq 3y agoI loved the hell out of splunk until they priced themselves out of the stratosphere. I know a splunk employee (splunker?); hopefully she somehow gets rich(er) as part of this deal.
- tedivm 3y ago> Someone at Cisco did the math on how much a license would cost and some snarky soul, kin to my own, said "Are we sure it wouldn't be cheaper to buy Splunk?" That's from a friend of mine in a tech chat.
- deleted 3y ago[deleted]
- nemo44x 3y agoAt scale it's probably cheaper to just buy the Splunk company than continue to pay their outrageous license and capacity fees.
- avrionov 3y agoI wonder if this segment is ready for disruption. Splunk is very expensive, ElasticSearch is still lacking many of the features of Splunk and when hosted on AWS is very expensive. SumoLogic was acquired by private equity, which means that it won't get cheaper. DataDog is also very expensive. Solution like SnowFlake for logs / telemetry where compute and storage are separated might be the future.
- dogman144 3y agoA stack we’ll see: - panther siem (python alerts, thank the lord) and then pandas + databricks + s3 data lakes for deep analysis and IR - maybe swap in panther SIEM for XDRs, if they get better out of the box
- danielodievich 3y agoObserve Inc. is disrupting this just in that kind of way already. https://www.observeinc.com/blog/how-observe-uses-snowflake-to-deliver-the-observability-cloud-part-1/ https://www.observeinc.com/blog/how-observe-uses-snowflake-t... describes how.
- jensensbutton 3y agoSnowflake... is not cheap.
- avrionov 3y agoSnowflake is not cheap, but they had the right idea to separate the compute and storage.
- manicennui 3y agoElasticSearch by itself is not a Splunk replacement except in very simple use cases.
- mikeshi42 3y agoWe're[1] building the OSS equivalent when it comes to the observability side of Splunk/DD, on Clickhouse naturally of course but believe in the same end goal of lowering cost via separation of compute and storage. [1] https://github.com/hyperdxio/hyperdx https://github.com/hyperdxio/hyperdx
- AlbertCory 3y agoThere's a term for these big, expensive, hard-to-get-rid-of software packages: "RansomWare" My leading example is SAP. Actually, most of the big ERP packages are ransomware.
- pizzaknife 3y agocould you enumerate them, please?
- CSMastermind 3y agoOracle - don't use an Oracle database unless you hate money, yourself, or your company. SAP - getting off of their ERP systems is an absolute nightmare and they know/exploit that fact. Salesforce - CRM systems, in general, can lead to lock-in due to the sheer amount of data and customization they host. In recent years Salesforce has started to leverage this fact to grow revenue without adding value. Unity - they're getting aggressive in trying to extract more money from their existing customers and I'm not referring to the recent license changes. Nightmare company that you should avoid working with on enterprise software at all costs. Blackboard - within the education section their LMS is challenging to migrate off of and they will bend you over backwards because they know it. ServiceNow - they've seemingly given up on making a better product and have invested all their efforts in extracting more money out of their current customers. PagerDuty - whose sales rep who told me straight up that they didn't need to negotiate with us because it would be too difficult to switch away from their product. For specific product lines IBM, Cisco, and VMware also do this but I don't think it would be fair to characterize that as their overriding business strategy like the above.
- AlbertCory 3y agoThanks. Personally I hate those "give me more free info" responses. Do your own homework.
- pizzaknife 3y agoAlbert, I must assume this was targeted at my comment to ask for an enumeration of businesses enjoying the model espoused. "Do your own homework" is fine if the objective is clear; it wasnt (to me at least) and I wasnt sure where to start. Thank you to the OP for adding that list!
- foota 3y agoWeird acquisition.
- supportengineer 3y agoDoes anyone ever look at this type of problem - Shipping, ingesting, retaining, searching gigabytes of log files - and stop and think - what if there was another way? In other words, what if there were no log files? Intended as a thought experiment.
- bastard_op 3y agoThat's really a shame, Cisco buying anyone is often a death knell for the product. Look at their acquisition of security companies like Protego, Stealthwatch, ThousandEyes, and others that languish there, bled into watered down features for other dubious Cisco products and disappear into the ocean. Customers then abandon the products to again escape Cisco for other non-stagnant and overpriced products. Already a customer/friend at a $6B retail customer of mine sent me the link first thing as a Splunk owner there. Just last week I asked if they'd looked at Datadog much yet, and said they'd rip Splunk from their cold dead hands. The follow up to the link for buyout news as that they were going to start looking at Datadog now. Splunk was already expensive, but not Cisco expensive.
- LaLaLand122 3y agoWhat's the problem with ThousandEyes? They got their agent into Cisco equipment, and just recently gave them SamKnows.
- prabhatsharma 3y agoIt's like Splunk got saved by Cisco. While they were still growing but too many new age players coming up.
- unixhero 3y agoSo This is a good move. As Palo Alto has moved into this market and is poised to destroy the legacy siem world (splunk et.al) with its Cortex data lake
- wg0 3y agoDoes anyone know why is it expensive? Also, is it under the hood some Apache SOLR or ES? Or they have their own?
- Huntsecker 3y agowe have a large splunk install, and a lot of the comments regarding cost are a bit dated. The reason that cost for splunk is generally considered quite crazy is that it's based off number of messages or lines in logs, however to combat large institutions such as mine saying no way they've moved at least here to an amount of data that is actively queried and we sign up to say 500tb and as long as we stay within that its all good. It's still a lot of money don't get me wrong but they've changed the setup from the early days.
- draw_down 3y ago[dead]
- grecy 3y agoSomebody had a 45,650% gain in one overnight trade on $SPLK calls. Amazing luck. [1] Someone opened 127 calls for $22,000, and closed them today after the buy-out announcement. A cool way to turn $22,000 into $10,043,000 [1] https://www.reddit.com/r/wallstreetbets/comments/16oi9an/somebody_had_a_45650_gain_in_one_overnight_trade/ https://www.reddit.com/r/wallstreetbets/comments/16oi9an/som...
- bufferoverflow 3y ago99.99% that's insider trading.
- trallnag 3y agoWill there be consequences?
- orliesaurus 3y agoalways are
- grecy 3y agoI assume it will be a ~$100k fine?
- unmole 3y agoBuying short dated far out of the money options is a guaranteed way to get caught. If this actually was insider trading, there are probably a bunch of SEC officials suffering from high-five induced palm injuries.
- joshxyz 3y agoslap on the wrist
- zeruch 3y agoMy honest question here is "is this Cisco going into its true Oracle-grade dinosaur phase"?
- kabdib 3y agoYeah, we went ElasticSearch and some bespoke code after Splunk decided to raise its prices. Wasn't even a difficult decision, don't regret it. If you can afford Splunk, just wait a couple of years until they figure that out.
- sleepybrett 3y agoSo when your oracle devices start spitting out EVEN MORE LOGS you can pay them coming and going.
- ingen0s 3y agoSomeone made over 40,000% return this morning from a trade placed on this news yesterday (before it came out). Strange.
- queuebert 3y agohttps://twitter.com/unusual_whales/status/1704925926838944077 https://twitter.com/unusual_whales/status/170492592683894407...
- fuzzylightbulb 3y ago"strange"? or "crime"?
- dang 3y agoRelated ongoing thread: Insider trade on Splunk acquisition? - https://news.ycombinator.com/item?id=37599587 https://news.ycombinator.com/item?id=37599587 - Sept 2023 (245 comments)
- _nan 3y agoDoes anyone know how would this possibly affect intern return offer… Still no news about return offer yet…
- KhoomeiK 3y agoNot gonna lie, I'm not looking forward to seeing the Cisco logo every time I go to Santana Row.
- hintymad 3y agoGreat news for companies like ClickHouse, Trino, Elasticsearch, StarRocks, Imply, and etc. If Splunk can make it 28B, some of those companies should make it too, and most likely more by eating Splunk's market.
- apricot 3y ago"Accelerate digital resilience". Huh. Wonder what that means in English.
- dang 3y agoRelated ongoing threads: Insider trade on Splunk acquisition? - https://news.ycombinator.com/item?id=37599587 https://news.ycombinator.com/item?id=37599587 Show HN: My Single-File Python Script I Used to Replace Splunk in My Startup - https://news.ycombinator.com/item?id=37600019 https://news.ycombinator.com/item?id=37600019
- SushiHippie 3y agoAnd Cisco pulled out of SentinelOne acquisition after due diligence - https://news.ycombinator.com/item?id=37598299 https://news.ycombinator.com/item?id=37598299
- MassiveBonk51 3y agoSplunk is so expensive and slow. My workplace keeps trying throttle queries and how far back logs are stored. Been spending the last month or so adding ELK stack for tracing to our apps.
- dharmab 3y agoSplunk's advantage is that it can handle volumes of logs which ELK, Graylog and Loki simply cannot. If you're not there yet... yeah, Splunk is hella expensive.
- pmcf 3y agoEveryone complains about how expensive Splunk is but the amount of compute and storage consumed by processing logs is ridiculous. I feel like we should be talking about the sad state of logging where we think it’s perfectly ok to dump millions of 10k stack trace dumps and think that should be cheap.
- jiggawatts 3y agoI once sat down and ran the numbers of what it would cost to host logs myself on the "fanciest" cloud hosts I could find: "storage optimised" Azure Lasv3 series VMs that have AMD EPYC CPUs and 8x NVMe SSD drives. It worked out to be something like 20x to 30x cheaper than any of the cloud solutions such as Splunk or Azure Log Analytics.
- frays 3y ago"Splunk is amazing until the first invoice comes in"
- honkycat 3y agoWhat does this mean for people who are currently working for Splunk? Are acquisitions often followed by layoffs? In my head, layoffs tend to happen BEFORE acquisitions.
- deleted 3y ago[deleted]
- deleted 3y ago[deleted]
- natas 3y agoSounds like it was leaked to boost SPLK's price.