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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Thu., Mar. 28, 7:23 AM Recent mergers and acquisitions in the Application Software M&A category.

Slide #88. Verint Systems Inc. KANA Software, Inc.

Acquirer: Verint Systems Inc. (NASDAQ:VRNT)
Acquiree: KANA Software, Inc.
Details: Accel KKR, a technology-focused private equity investment firm, today announced that Verint Systems Inc. (NASDAQ: VRNT) has completed its previously announced acquisition of KANA Software, Inc., a portfolio company of Accel-KKR, for $514.2 million in cash.

Verint Systems helps brands provide Boundless Customer Engagement™. The Verint Platform provides a set of solutions to help brands close the Engagement Capacity Gap. Brands can choose to deploy solutions based on their business priorities, and then expand with other solutions over time. In addition, brands can deploy business applications across three solution areas: Digital-First Engagement, which helps brands improve their digital capability; Workforce Engagement, which helps brands manage their customer engagement work and their workforce across the enterprise; and Experience Management, which helps brands collect and analyze customer experience data across various customer journeys.

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Company Name:  Verint Systems Inc
Website:  www.verint.com
Sector:  Information Technology Services
Number of ETFs Holding VRNT:  34
Total Market Value Held by ETFs:  $300.14M
Total Market Capitalization:  $1.95B
% of Market Cap. Held by ETFs:  15.42%
 

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March 28, 2024    7:23 AM Eastern
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Buy (2.86 out of 4)
19th percentile
(ranked lower than approx. 81% of all stocks covered)

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VRNT Stock Forecast

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