Splunk to buy cloud software firm SignalFx in $1 billion deal

(Reuters) - Data analytics software maker Splunk Inc on Wednesday said it would acquire SignalFx, which makes software for the cloud, in a cash and stock deal for about $1.05 billion. The deal is 60% cash and 40% in Splunk common stock, the company said in a statement


 Splunk to buy cloud software firm SignalFx in <img class=

(Reuters) - Data analytics software maker Splunk Inc on Wednesday said it would acquire SignalFx, which makes software for the cloud, in a cash and stock deal for about $1.05 billion.

The deal is 60% cash and 40% in Splunk common stock, the company said in a statement.

(Reporting by Dominic Roshan K. L.; Editing by Bernard Orr)

This story has not been edited by Firstpost staff and is generated by auto-feed.


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