Tag: Verint
The evolution of Verint
February 5, 2020Paul Ragusa
MELVILLE, N.Y.—Verint, an analytics company based here, is coming off a strong year in which it solidified a new business strategy and refocused its commitment to providing enterprise VMS and situational awareness solutions for command centers globally.“We saw a lot of solid growth last year — healthy double-digit growth in bookings,” Alan Stoddard, general manager and vice president, Verint Situational Intelligence Solutions, told Security Systems News, noting that this growth...
Verint to acquire Victrio
October 29, 2013Leah Hoenen
MENLO PARK, Calif.—When you hear “This call may be recorded for quality assurance,” chances are good that Verint is behind it. With the Oct. 29 acquisition of Victrio, Verint's call data can now help protect customers from fraud by using advanced voice biometric technology.“Large banks who also use our physical security solutions at the ATM level and inside the bank now have the benefit of helping fight fraud using Victrio solutions,” said Ryan Hollenbeck, senior vice...
SDI redesigns sales effort
October 18, 2013Martha Entwistle
CHICAGO—With two major acquisitions closed in the past several months, SDI has grown rapidly and is now turning its attention to its sales organization. It announced Oct. 17 that it has hired former Jeremy Howard, a former Avigilon VP, to set up a national vertically focused sales effort.“We have a nice footprint around the country. It's time for us to up the game,” Brian Diver, president and COO for SDI, told Security Systems News.“I'm thrilled to have Jeremy on board,”...
Verint VMS deployed on Minneapolis public transport
May 3, 2013SSN Staff
MINNEAPOLIS, Minn., and MELVILLE, N.Y.—The Metro Transit in Minneapolis and St. Paul, Minn., is standardizing parts of its transportation platform with Verint's Nextiva VMS, according to a company statement.
Verint's VMS technology will be used for the Central Corridor Light Rail Transit Project, which will allow for enhanced investigation capabilities for law enforcement and increased response times, the statement noted.
Metro Transit, one of the largest public transit systems in the country,...
SDI, Pro-Tec, and Premier Electric partner on airport job
January 18, 2013SSN Staff
MINNEAPOLIS and MELVILLE, N.Y.—System Development Integration, a systems integrator specializing in airport security technologies, will install a Verint systems to deliver the first phase of the Minneapolis-Saint Paul International Airport's integrated video and information systems network surveillance system, according to a joint statement.For the first phase of the program, SDI has partnered with local firms Pro-Tec Design and Premier Electric, which provide field implementation and integration...
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...
The push for standards
September 12, 2011Martha Entwistle
NEW YORK—Will a marquee security project like the World Trade Center affect how enterprise-level projects are designed and implemented in the future? Or, will this project, which involves multiple manufacturers working together, translate to momentum for establishing standards in the security industry? Several of those involved in the project believe that may be the case.
“From an industry perspective, I think this project will have a major impact. It spans multiple vertical market applications,”...
Second annual summit for managed and hosted video
June 16, 2011Daniel Gelinas
BOULDER, Colo.—Envysion held its second annual Hosted & Managed Video Summit here just prior to the annual ESX show from June 6-7. There was a sold out crowd of more than 75 participants this year, up 50 percent from last year, according to Envysion VP of product and marketing Carlos Perez.
"There was positive feedback, overall, from participants. We have reached a critical mass of participants with interest in continually being part of the event," Perez said. "There was lots of good productive...
Milestone hires and promotes
March 21, 2011SSN Staff
COPENHAGEN—Milestone Systems, a provider of open platform IP video management software, on March 14 announced new hires and promotions in North America.
David King has been hired as city surveillance/critical infrastructure sales manager in North America. He comes to Milestone from AMAG Technology, with prior employment at OnSSI and Anixter.
Mike Tice is now the north central territory manager covering sales for Wisconsin, Minnesota and Illinois, bringing industry expertise from prior...