0
General

Silver Lake invests USD 1 billion into Splunk

Thursday 24 June 2021 | 08:52 CET | News
Private equity firm Silver Lake is planning to invest USD 1 billion into Splunk, developer of a data-to-everything platform. The investment will be made into convertible senior notes, to support the continued transformation of the business. Splunk said it will use the money to fund growth initiatives and manage its capital structure, including a newly authorised share buyback programme of up to USD 1 billion that will be executed over time, set up to offset the dilutive effect of the notes.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Splunk
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Splunk releases Splunk Security Cloud for automated security operations and analytics

Published 23 Jun 2021 10:33 CET | World
Splunk announced the new Splunk Security Cloud, a data-centric platform that delivers enterprise-grade advanced security ...

Tenable selected as first vulnerability management partner for Splunk Mission Control

Published 26 Oct 2020 09:40 CET | World
Cyber security specialist Tenable said it was selected as the first vulnerability management partner to integrate with Splunk's ...

Box announces integrations with Adobe, Splunk

Published 04 Oct 2019 10:30 CET | World
Cloud content management specialist Box announced plans to integrate Adobe and Splunk technologies into its products. Its plans ...

Splunk to acquire cloud monitoring specialist SignalFx

Published 23 Aug 2019 15:49 CET | World
Splunk announced a definitive agreement to acquire SignalFx, a SaaS specialist in real-time monitoring and metrics for cloud ...

Splunk takes chief digital officer from Apple

Published 17 Sep 2018 15:32 CET | World
Splunk has named Jake Loomis its new chief digital officer, a newly created position. Loomis served as engineering director, ...

Proximus acquires Dutch Splunk specialist Umbrio

Published 01 Jun 2018 09:05 CET | Benelux
Belgian operator Proximus announced the acquisition of Umbrio, a Dutch company specialized in IT and network operations, ...

Fortinet and Splunk alliance delivers security services

Published 18 Sep 2015 10:30 CET | Switzerland
Fortinet has announced an alliance with Splunk designed to increase the ability of enterprises and service providers to protect ...





Calendar   /   Industry Events

03 Aug Bredband2 Q2 2021
03 Aug Sequans Q2 2021
03 Aug RingCentral Q2 2021
03 Aug Akamai Technologies Q2 2021
03 Aug Alibaba Q2 2021
03 Aug Infinera Q3 2021
03 Aug NeoPhotonics Q2 2021
03 Aug Bharti Airtel fiscal Q1
03 Aug Echostar Q2 2021
04 Aug Intred Q2 2021
04 Aug Aferian interim results
04 Aug Liberty Latin America Q2 2021
04 Aug Smith Micro Q2 2021
04 Aug Inseego Q2 2021
04 Aug Qorvo fiscal Q1
04 Aug Roku Q2 2021
04 Aug 8x8 fiscal Q1
04 Aug Viavi Q4
04 Aug EA fiscal Q1
04 Aug Digi International fiscal Q3
04 Aug Lumen Technologies Q2
04 Aug Softbank fiscal Q1
05 Aug Starhub Q2 2021
05 Aug United Internet Q2 2021
05 Aug Swisscom Q2 2021
05 Aug Uniti Group Q2
05 Aug OTE Q2
05 Aug FireEye Q2
05 Aug InterDigital Q2
05 Aug Switch Q2 2021
::: More Calendar Items