Cisco’s massive $28 billion acquisition of Splunk in September was the financial highlight of a quarter during which several other vendors also made strategic purchases to position themselves for emerging enterprise requirements around cloud, application, and identity security. The acquisitions added to a better-than-expected quarter ended Sept. 30, 2023, with venture funding also picking up…

It turns out SIEM isn’t on life support after all. Cisco is providing 28 billion reasons to believe enterprises aren’t scrapping the security operations center staple anytime soon. Rivals with other types of security technology have attempted to write SIEM’s obituary for years. In December 2022, Palo Alto Networks CEO Nikesh Arora said, “I feel…