Tag: Jesse Feldman
Battery closes NICE deal, renames security company
September 21, 2015Martha Entwistle
BOSTON— Battery Ventures today closed the NICE physical security business unit deal and announced that the new independent business will be called Qognify.
Battery Ventures announced its intention to acquire the business for "up to $100 million" in August. Here's a story on that announcement.� Today's announcement did not include details on the final price.
In August, I spoke to Battery Ventures' Jesse Feldman about the deal. I have a call into Feldman to talk more and I'm...
Battery Ventures to buy NICE security unit for $100 million
August 3, 2015Martha Entwistle
BOSTON—Battery Ventures, a technology investment firm based here, announced today it will acquire the physical security business unit (PSBU) of NICE Systems for up to $100 million.
Jesse Feldman, general partner at Battery Ventures, told Security Systems News that Battery will use the PSBU as a platform for growth and it is interested in possibly acquiring access control capabilities and more analytics capabilities as well.
“We have a signed deal. We're just waiting for regulatory...