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Clifford Chance advises Cisco on securing EU Commission clearance for $28 Billion Splunk acquisition

18 March 2024

Clifford Chance advises Cisco on securing EU Commission clearance for $28 Billion Splunk acquisition

Global law firm Clifford Chance has successfully advised Cisco Systems, Inc. ("Cisco") on obtaining unconditional clearance from the European Commission for its proposed $28 billion acquisition of Splunk, a pivotal move in Cisco's expansion of its security and observability offerings in the age of AI and multi-cloud environments that will help make organisations of all sizes more secure and digitally resilient.

The EU Commission's decision marks the end of a global antitrust approval process that Clifford Chance has helped navigate through over the last months.

The Clifford Chance team, with its deep understanding of the technology sector and its global footprint, has led the EU merger control process and has provided comprehensive legal advice across multiple jurisdictions. The Clifford Chance team was led by Milena Robotham in Brussels, Katrin Schallenberg in Paris and Nelson Jung and Stavroula Vryna in London. They were supported by senior associates Maarten Kennis (Brussels), Sian Fagan (London), and Sara Ortoli (Paris), and associates Josh Kennion (London), Charley Bailliard (Paris), Bram Van Der Beken (Brussels), Zala Majhenic (Brussels) and Faye Thomas (Brussels).