Cisco Systems Inc. has made a takeover offer worth more than $20 billion for software maker Splunk Inc., according to people familiar with the matter.
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Cisco Systems Inc. CSCO, -1.77% has made a takeover offer worth more than $20 billion for software maker Splunk Inc. SPLK, -2.76%, according to people familiar with the matter.
The offer was made recently, the people said. It isn’t clear where things currently stand.
