Splunk raises $1B from Silver Lake in exchange for convertible notes, and says it will use the investment to fund buybacks; Splunk stock up 11% (Maria Deutscher/SiliconANGLE)

Maria Deutscher / SiliconANGLE:
Splunk raises $1B from Silver Lake in exchange for convertible notes, and says it will use the investment to fund buybacks; Splunk stock up 11%  —  Splunk Inc. today said that it has secured a $1 billion investment from Silver Lake to support growth initiatives and buy back shares.