PHOTO: Bloomberg News
Silver Lake announced new investments on Splunk
Leading global technology investment firm Silver Lake will make a $1 billion USD investment in Splunk Inc, provider of the Data-to-Everything Platform.
“Silver Lake has a strong reputation and track record of investing in innovative technology companies, and with their support, we are accelerating toward our goals as we deliver the most scalable and powerful data platform in the cloud.” said Doug Merritt, President and CEO of Splunk.
In connection with Silver Lake’s investment, Silver Lake has appointed to Kenneth Hao to Splunk’s Board of Directors. Followed by Hao’s appointment, Splunk’s Board will now have 11 members with 10 of whom are independent.
“We have long admired Splunk’s world-c…