Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk [CNBC]
Cisco Systems, Inc. (CSCO)
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Source: CNBC
Called HyperShield, the product uses AI to protect applications, devices, and data across public and private data centers, clouds, and physical locations, according to a company press release. HyperShield is the result of the company's $28 billion acquisition of Splunk last year, a cybersecurity cmpany competing with the likes of DataDog , Elastic, SolarWinds , and Dynatrace . Its launch also builds on Cisco's partnership with Nvidia on managing and securing AI infrastructure. This is Cisco's big chance to prove itself as a serious AI player at a time when technology giants like Microsoft Google , and Amazon are spending billions to become leaders in artificial intelligence “This is not a product, but a new architecture – the first version of something new,” Jeetu Patel, Cisco's executive vice president and general manager of security and collaboration, told CNBC in an interview this week. Other brands are also moving in a similar direction. Hewlett Packard Enterprise recentl
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CSCO
Earnings
- 2/14/24 - Beat
CSCO
Sec Filings
- 4/5/24 - Form 13F-HR
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- CSCO's page on the SEC website