Cisco-Splunk deal signals tech M&A resurgence: Jefferies

Yahoo Finance Video
35,142 次觀看・1 年前

Cisco Systems (CSCO) closed its acquisition with Splunk (SPLK) last week, acquiring the software company for $28 billion. A note from Jefferies analysts points to increased optimism for M&A activity in the tech space, especially as AI becomes more prominent.

Yahoo Finance Tech Reporter Allie Garfinkle details how AI hype is helping to drive up valuations of software developers while examining the outlook on renewed interests for tech M&A.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

This post was written by Luke Carberry Mogan.