The Wall Street Journal: Cisco made takeover offer worth over $20 billion for Splunk

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.

This post was originally published on Market Watch