FBR Capital Remains Bullish on Splunk (SPLK) Following Announced Caspida Acquisition

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Splunk (SPLK) Acquires Caspida in $190 Million Deal

July 9, 2015 4:17 PM EDT

Splunk (Nasdaq: SPLK) announced it has acquired Caspida, Inc., a leading innovator in machine learning and behavioral analytics. Under the terms of the agreement, Splunk has acquired all of the outstanding stock of Caspida for an aggregate purchase price of approximately $190 million, including approximately $127 million in cash and $63 million in restricted Splunk securities.

The combination of Splunk® and Caspida technology revolutionizes the security market by unifying... More