Verint to acquire kana software, transforming the way. Buy or sell verint systems stock pre ipo via an equityzen fund. Their solutions help government and enterprises make sense of the vast information they collect in order to achieve their performance and security goals. We help leading brands, public sector organizations, and small and mediumsized business elevate their customer experience cx and lower costs via the cloud. Verint systems is an analytics company that sells software and hardware products for customer engagement management, security, surveillance, and. Kana provides cloud and onpremises based customer service solutions. The revenue growth was below verint systems incs competitors average revenue growth of 5. Verint also announced a strategic minority investment related to the separation, as well as a share buyback program. Verint systems inc vrnt provides security and intelligence data mining software in 180 countries.
Comparing the results to its competitors, verint systems inc reported total revenue increase in the 4 quarter 2019 by 2. Verint systems has acquired 10 companies, including 5 in the last 5 years. The acquisition is intended to expand verints actionable intelligence strategy. On february 3, 2014, verint systems completed acquisition of kana software inc. On november 16, 2016, verint systems completed acquisition of the customer experience software company opinionlab for an undisclosed amount. Vrnt impact 360 speech analytics software deployed by china pacific insurance company.
The companys most targeted sectors include software 50% and internet software and. Their solutions help government and enterprises make sense of the vast information they collect in order to. Company kana news, employees and funding information. Arnab mukherjee senior director, north american engineering. We help leading brands, public sector organizations, and small and mediumsized business elevate their customer experience cx and lower costs. The company sells software and hardware products for customer engagement management, security, surveillance, and business intelligence. Once logged into the verint learning center, students can register for classes, view their learning history, access selfpaced content, print out certificates for completed coursework, etc. Verint can help you simplify, modernize, and automate your customer engagement strategy. That means we help organizations simplify and modernize customer engagement through our marketleading cloud and hybrid solutions. Kana s headquarters is located in melville, new york, usa 11747. Revenue has grown 5% compounded annually over the same time, per figure 1. Sep 04, 2014 net loss attributable to verint systems inc. Compare verint workforce optimization to alternative call center workforce optimization software.
The companys customer relationship management crm software is used by call centers and businesses with ecommerce websites. Comverse technology inc, a software developer for years tangled up in an options backdating scandal, plans to sell about 8 percent of its majority stake in analytics and security software. Vrnt and provides onpremises and cloud computing hosted customer relationship management software products to many of the fortune 500, midmarket businesses and government agencies. Verint community cloud helps organizations quickly engage with employees and. Choose business it software and services with confidence. Verint is a provider of video surveillance and actionable intelligence solutions. Customer experience experts in automation, ai, and cloud. Verint systems wikimili, the best wikipedia reader. Verint systems mergers and acquisitions summary mergr. Verint has about 10,000 customers around the world, and crunching all that data into the kinds of insights customers need should be enhanced by the kana software.
Verint extends customer engagement optimization strategy. Verint systems agrees to buy pebacked kana software for. Verint to acquire kana software digital commerce 360. Verint systems provides actionable intelligence solutions for enterprise workforce optimization and security intelligence. On november 16, 2016, verint systems completed acquisition of the customer experience software company opinionlab for. The recent market volatility continues to open up new opportunities, and one thats looking especially attractive right now is verint systems inc. Verint systems inc comparisons to its competitors, market. Comverse plans to sell part of verint stake in ipo reuters. The acquisition is intended to expand verint s actionable intelligence strategy. Verint is disclosing in this current report certain presentation slides that are being provided to its lenders and certain. Mar 09, 2018 the recent market volatility continues to open up new opportunities, and one thats looking especially attractive right now is verint systems inc. Its form s3 registration statement reported materially misleading earnings and loss figures, including for the period after the ipo, as a result of its improper accounting for reserves. Vrnt rose on thursday after the software company reported its thirdquarter results and announced plans to split into two independent public companies. Kana, its biggest acquisition, failed spectacularly in our view, as sales growth immediately turned negative once the.
Verint systems is a melville, new yorkbased analytics company which was founded in 2002. Vrnt stock quote, history, news and other vital information to help you with your stock trading and investing. Verint customer engagement optimization kana software. For more information, email us or call your local verint office. Kana software knows that a good customer experience can be just a click away. Verint witness systems software, hardware, e servicos do brasil ltda. Kana competitors, revenue and employees owler company. Verint systems, provider of analytic software based solutions for the security, surveillance, and business intelligence markets, has announced plans to acquire kana software, a developer of onpremises and cloud customer service solutions. Melville, new york, united states industries cyber security, information technology, security, software headquarters regions greater new york area, east coast, northeastern us founded date 1994 founders dan bodner operating status active funding status ipo number of employees 10015000. Kana enterprise enables large businesses to unify agent.
Jan 06, 2014 verint has about 10,000 customers around the world, and crunching all that data into the kinds of insights customers need should be enhanced by the kana software offering. Verint systems is a provider of actionable intelligence solutions for enterprise workforce optimization and security intelligence. Why verint systems vrnt has 60%70% downside risk ben. Aug 18, 2015 telligent provides software for customer support and digital marketing communities. Verint is a global leader in actionable intelligence. View company info, jobs, team members, culture, funding and more. Their products are designed to assist clients in data analysis, specifically large data sets. Verint systems has acquired in 9 different us states, and 2 countries. The verint cloud can help you simplify, modernize, and automate your customer engagement strategy. Buy or sell verint systems stock pre ipo via an equityzen. Verint updates kana software enterprise solution nov2014. In the meantime, customers should continue to expect support and services, as well as license additional software, in the usual way.
Vrnt today announced the signing of a definitive agreement to acquire kana software, inc. Its capabilities include customer service interaction. See who you know at kana software, leverage your professional network, and get hired. Vrnt today announced that it has agreed to acquire kana software inc. Verint systems is registered under the ticker nasdaq. Our services can help you identify business and technology challenges, risks, and opportunities, and apply the proper processes and technology solutions to help you realize the fastest path to roi. Verint systems is a leading provider of actionable intelligence solutions for enterprise workforce optimization and security intelligence. Verint systems buys into customer service and cloud. The transaction is expected to close by april 30, 2014.
Verint systems, provider of analytic softwarebased solutions for the security, surveillance, and business intelligence markets, has announced plans to acquire kana software, a developer of onpremises and cloud customer service solutions. Choose enterprise it software and services with confidence. Verint systems is using an acquisition to move into the customer service software and cloud computing markets the data analytics software company announced on monday that its reach an agreement. For situational intelligence training and certification, click here. All content is posted anonymously by employees working at verint systems. Verint is a company in the midst of a transition, focused on cloud and software initiativ. Verint offers a comprehensive portfolio of services for deploying customer engagement solutions onpremises or in the cloud. Security, surveillance and business intelligence company verint systems inc nasdaq. Vrnt and provides onpremises and cloudbased customer engagement optimization ceo solutions to many of the fortune 500, midmarket businesses and government agencies. The pending purchase from private equity firm accelkkr will add key capabilities to the. Mark gainey founded kana in 1996 to market a software package designed to help businesses manage email and webbased. Kana competitors, revenue and employees owler company profile. When you upgrade to crunchbase pro, you can access unlimited search results, save your dynamic searches, and get notified when new companies, people, or deals meet. List of verint systems s 18 acquisitions, including transversal and nowforce.