IBM to buy 4 billion dollars for big data companies Splunk

Splunk, a network data analysis service provider, has seen its biggest rally in 4 months in Friday, news from the morning of Beijing time. Investors speculate that IBM is likely to buy the company. Splunk shares rose 8.4% to $32.27 in Friday. It is the biggest one-day gain in the company's share price since August 31 last year. Splunk's share price has risen 90% since its IPO last April.

James Gilman, an analyst at Drexel Hamilton, estimates that other companies could buy splunk at a maximum price of $4 billion, while IBM and Oracle might consider acquiring Splunk to provide more services to corporate customers. Peter Goldmacher, Cowen & Co analyst Pitt Godmachel, said there were reports that IBM might buy Splunk.

A spokesman for IBM responded that the company would not comment on rumours and speculation. Neither Oracle nor Splunk spokesmen responded. Founded in 2004, Splunk was the first large data company to be listed. The company's software helps companies monitor and analyze information to improve services, optimize operational costs, and reduce information security risks.

The company's investors include August capital, Jk&b, ignition and Sevin Rosen target. IBM is working to provide more services, analyze enterprise data, and help improve enterprise operational performance and information security. IBM plans to get 16 billion dollars in revenue through data Analysis Services by 2015. Oracle CEO Ellison Larry Ellison is investing in areas such as cloud computing software, and Splunk is providing such a tool.

Last December, Oracle announced a 871 million dollar purchase of Eloqua to further strengthen its cloud computing business and compete better with Salesforce and SAP.

(Responsible editor: The good of the Legacy)