Tag: CTI
A NICE Verint deal?
January 15, 2013Martha Entwistle
Will there be a very nice Verint NICE deal soon? That's what the rumor mill says.
Rueters reported yesterday that Verint Systems stock was up more than 7 percent and NICE shares were up 6.7 percent on reports from Globes, an Israeli financial site, that said Nice Systems is talking to Verint about buying it for $1.5 billion.
It's said to be a cash and stock offer that would "represent a 19 percent premium on its market cap of $1.26 billiion," according to Rueters.
I called NICE and Verint for comment...
Verint to become independent, public company
August 15, 2012Martha Entwistle
MELVILLE, N.Y.—If the merger deal with its parent company, Comverse Technology Inc. (CTI), goes through as planned, video surveillance provider Verint will be a 100 percent independent public company as early as February.
“This is really good news, long term, for Verint,” Jeff Kessler, managing director of Imperial Capital, told Security Systems News.
CTI has had complications in the past with the Securities and Exchange Commission filing process, Kessler said, “and...