Technology | 2012.08.14
Verint Signs Definitive Agreement to Acquire Comverse Technology Holding Company Following Spin Off of its Telecom Business
MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® Systems Inc. (NASDAQ: VRNT) today announced that it has signed a definitive merger agreement (the “Merger Agreement”) with Comverse Technology, Inc. (“CTI”). Under this Agreement, following the completion of CTI’s previously announced distribution of its telecom business and substantially all of its other assets, other than its holdings in Verint, to its shareholders Verint will acquire CTI, eliminating CTI’s majority ownership in and control of Verint. C
For more information, please visit
http://www.businesswire.com/news/home/20[...]nt-Acquire-Comverse-Technology
