August 21, 2019 / 8:19 PM / 2 months ago

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

Aug 21 (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)

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