European regulators approve Cisco's acquisition of Splunk
EU officials on Wednesday ruled that the Cisco-Splunk transaction does not raise competition concerns. $CSCO+1.4% $SPLK I looked up the company about 3 months ago and it was discussed here and is quite popular. So I want to bring this topic up today for the weekend. 😊
![](https://media.bulios.com/media/statuses/inside/cb84b2a1-8fa4-472c-976d-6a70c99f0eed.jpg?w=600&h=300&mode=fill&fill=blur)
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The acquisition seems unnecessarily expensive to me, even if it makes sense strategically.