(1) Represents the income tax adjustment using our estimated non-GAAP tax rate of 20%.

As you likely know, Cisco recently offered $157/share for Splunk. Generally speaking, I think the offer is fair. Considering my bullishness over the last six months or so, I'm happy to see something ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Cisco has agreed its biggest acquisition ever with a $28bn deal to buy US software maker Splunk as the US tech ...