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M&A Deal Summary

Splunk Acquires TruSTAR

On May 18, 2021, Splunk acquired internet software and services company TruSTAR

Acquisition Highlights
  • This is Splunk’s 7th transaction in the Internet Software and Services sector.
  • This is Splunk’s 12th transaction in the United States.
  • This is Splunk’s 9th transaction in California.

M&A Deal Summary
Date 2021-05-18
Target TruSTAR
Sector Internet Software and Services
Buyer(s) Splunk
Deal Type Add-on Acquisition

Target

TruSTAR

San Francisco, California, United States
TruSTAR is a cloud-native security company providing a data-centric intelligence platform. TruSTAR's cloud-native Intelligence Management platform transforms intelligence from third-party providers and historical events for seamless integration and accelerated automation across core detection, orchestration and response tools. TruSTAR was founded in 2014 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Splunk

San Francisco, California, United States
Category Company
Founded 2003
Sector Software
Employees6,500
Revenue 3.7B USD (2023)
DESCRIPTION
Splunk's corporate headquarters in downtown San Francisco, California.
Splunk's corporate headquarters in downtown San Francisco, California.

Splunk is a provider of operational intelligence software used to monitor, report and analyze real-time machine data as well as historical data across your IT infrastructure. Splunk was formed in 2003 and is based in San Francisco, California.

DEAL STATS #
Overall 14 of 14
Sector: Internet Software and Services M&A 7 of 7
Type: Add-on Acquisition M&A Deals 14 of 14
State: California M&A 9 of 9
Country: United States M&A 12 of 12
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-24 Flowmill

Palo Alto, California, United States

Flowmill, Inc. is a cloud network observability company with expertise in network performance monitoring (NPM). Flowmill was founded in 2016 and is based in Palo Alto, California.

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