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SignalFx was last valued at $500 million. Now, Splunk will acquire it for $1.05 billion. Here's why Splunk believes SignalFx's products are valuable.
Data analytics software developer Splunk Inc. (NASDAQ: SPLK) is up more than 6% since its most recent quarterly earnings report in May. Like many stocks, Splunk's recent price action has been ...
Splunk is focusing its sales team on selling its cloud-based subscription software product. This change could drive the stock much higher. The concept of SaaS is easy to understand. If you have ever ...