{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-070175","form_type":"8-K","ticker":"CSCO","cik":"0000858877","company_name":"CISCO SYSTEMS, INC.","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.069858+00:00","generated_at":"2026-06-04T16:21:05.973325+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Cisco completes $28B acquisition of Splunk; Splunk delisted","bullets":["Acquisition closed March 18, 2024; total equity value approx $28B.","Splunk shareholders received $157 per share in cash; Splunk common stock delisted from NASDAQ.","Transaction expected to be non-GAAP gross margin accretive in FY2025 and non-GAAP EPS accretive in FY2026.","Cisco becomes one of the largest software companies; aims to power and protect AI revolution."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-070175","json":"https://secwatch.observer/filing/0001193125-24-070175.json","markdown":"https://secwatch.observer/filing/0001193125-24-070175.md","text":"https://secwatch.observer/filing/0001193125-24-070175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/858877/000119312524070175/0001193125-24-070175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/858877/000119312524070175/d783088d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T16:21:05.973325+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ad9aa7c90a9168a5de441dd3fe33d1bb7043bf2e","claim":"CISCO SYSTEMS, INC. completed an acquisition involving Splunk Inc. for $157.00 in cash, subject to applicable withholding taxes (closed 2024-03-18).","evidence_excerpt":"properly exercised appraisal rights in accordance with Section 262 of the General Corporation Law of the State of Delaware) automatically converted into the right to receive $157.00 in cash, subject to applicable withholding taxes (the “ Merger Consideration ”). The aggregate equity value of the Splunk Common Stock acquired by the Company was approximately","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/858877/000119312524070175/0001193125-24-070175-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Splunk Inc."},{"label":"Consideration","value":"$157.00 in cash, subject to applicable withholding taxes"},{"label":"Closing","value":"2024-03-18"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}