---
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"
generated_at: "2026-06-04T16:21:05.973325+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Cisco completes $28B acquisition of Splunk; Splunk delisted

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-070175
- JSON: https://secwatch.observer/filing/0001193125-24-070175.json
- Plain text: https://secwatch.observer/filing/0001193125-24-070175.txt

## Key facts
- M&A Transactions
  CISCO SYSTEMS, INC. completed an acquisition involving Splunk Inc. for $157.00 in cash, subject to applicable withholding taxes (closed 2024-03-18).
  - Action: acquisition
  - Counterparty: Splunk Inc.
  - Consideration: $157.00 in cash, subject to applicable withholding taxes
  - Closing: 2024-03-18
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/858877/000119312524070175/0001193125-24-070175-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.