Caspida to Be Acquired by Splunk for $190 Million

On July 9, 2015, Splunk, a leading real-time operational intelligence software platform provider, announced that it has acquired Caspida, a major innovator in machine learning and behavioral analytics. Wilson Sonsini Goodrich & Rosati advised Caspida in the transaction.

Under the terms of the agreement, Splunk will acquire all outstanding Caspida stock for an aggregate purchase price of approximately $190 million, including approximately $127 million in cash and $63 million in restricted Splunk securities.

The WSGR team advising Caspida included partners Todd Cleary, Kira Kimhi, Arthur Schneiderman, Michelle Wallin, and Jonathan Zhu, counsel Carlos Ellerbe, and associate Rebecca Stuart.

For more information, please see the related press release.