IBM And Oracle Go Head-to-Head For Splunk Buyout
Hot on the heels of Dell’s rumored mega-buyout, rival firm IBM is reported to be flexing its own financial muscles as it looks to make data analytics firm Splunk its first major acquisition of the year.
Once again it was Bloomberg who first jumped on the story, adding that Oracle may also be eying up the big data firm, possibly sparking a bidding war between them and ‘Big Blue’.
The report emphasizes that IBM is the most likely to make a move for the big data firm however. Splunk, which offers analysis and monitoring tools that help businesses to gain insights from their data, previously made headlines last April when it became the first big data company to go public.
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