NICE Ltd.
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Company type | Public |
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TASE: NICE Nasdaq: NICE | |
Industry | Software Business Intelligence Speech Analytics Video Analytics Business consulting IT consulting |
Founded | 1986 |
Headquarters | , |
Key people | David Kostman (Chairman), Barak Eilam (President and CEO) |
Revenue | ![]() |
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Number of employees | 3,600 (2013)[2] |
Subsidiaries | NICE Systems Ltd. NICE Systems Inc. NICE Actimize Ltd. NiceVision |
Website | www.nice.com |
![](http://upload.wikimedia.org/wikipedia/commons/thumb/1/1e/Nice_building_in_Raanana02.jpg/220px-Nice_building_in_Raanana02.jpg)
NICE Systems, Limited (Hebrew: נייס מערכות),Is an Israel based company, specialising in telephone voice recording, data security, and surveillance. As well as systems that analyse this recorded data.[3]
The company serves various industries, such as financial services, telecommunications, healthcare, outsourcers, retail, media, travel, service providers, and utilities.
The company’s shares are traded on NASDAQ [4] as well as on the Tel Aviv Stock Exchange; where it is part of the TA-25 Index.[5]
On July 28, 2009, Ze'ev Bregman was appointed as CEO, replacing Haim Shani; who stepped down to become the General Manager of the Ministry of Finance of the State of Israel.[1] As of September 30, 2010 the company has more than 2,700 employees worldwide.[6]
History
Nice Systems was founded in 1986 as Neptune Intelligence Computer Engineering (NICE) by 7 Israeli ex-army colleagues. The company initially focused on developing solutions for security and defense applications; but soon refocused their efforts on civilian applications mainly for Contact center, Financial services and Business intelligence markets. And over the past 5 years or so has transformed from being a recordings infrastructure company to an enterprise software applications company such as Oracle, Microsoft etc. The company crossed 1 billion USD in bookings in 2013. [2][7]
Acquisitions
NICE has made a number of acquisitions, totaling $734m from 2005–2011, including cash and stock paid:
- July 31, 2002: acquired Thales Contact Solutions (Previously Racal Recorders) in the UK for $53 Million, from the Thales Group.[8]
- June 1, 2005: acquired Dictaphone's Communications Recording Systems (CRS) assets for $42m.[9]
- September 1, 2005: acquired Hannamax Hi-Tech for $3m.
- January 4, 2006: acquired FAST Video Security for $33m.
- May 22, 2006: acquired Performix for $14m.
- July 7, 2006: acquired IEX Corporation for $205m, adding Contact center Workforce management and performance optimization solutions to its portfolio.
- August 30, 2007: acquired Actimize for $281m, entering the Fraud Prevention, Anti-money laundering and Risk management solution markets.[10]
- April 8, 2008: acquired Quality Plus Group for $12m.
- August 31, 2009: acquired Hexagon System Engineering Ltd. for $11m.[11]
- September 1, 2009: Actimize acquired Fortent for $73m.[12]
- February 15, 2011: acquired CyberTech International for $60m.[13]
- September 19, 2011: acquired Fizzback for $80m.
- December 2, 2011: acquired Merced Systems for $150m.[14]
- October 22, 2012: acquired Redkite Financial Markets, an emerging provider of real-time, cloud-based institutional trade surveillance solutions.
- August 7, 2013: acquired Causata.[15]
See also
References
- ^ "NICE Systems Ltd. (NICE)". Yahoo! Finance. 2011. Retrieved 17 September 2011.
- ^ "NICE SYSTEMS LTD (NICE:Tel Aviv)". Bloomberg Businessweek. 31 March 2011. Retrieved 17 September 2011.
- ^ http://earningsview.blogspot.co.uk/2012/09/nice-systems-equity-research.html
- ^ http://earningsview.blogspot.co.uk/2012/09/nice-systems-equity-research.html
- ^ http://www.tase.co.il/TASEEng/MarketData/Indices/MarketCap/IndexMainDataMarket.htm?Action=2&IndexID=137
- ^ Zeev Bregman to Join NICE Systems, July 28, 2009, retrieved 2012-02-27
- ^ NICE Marks 20th Anniversary, retrieved 2009-10-09
- ^ NICE Systems to acquire Thales Contact Solutions, retrieved 2009-10-09
- ^ NICE To Acquire The Assets Of Dictaphone’s Communications Recording Systems, retrieved 2009-10-09
- ^ Nice Systems to acquire Actimize - Reuters, July 2, 2007, retrieved 2009-10-09
- ^ NICE to Enhance Security Offering With the Acquisition of Hexagon, retrieved 2010-05-22
- ^ NICE Systems and Actimize acquire Fortent - SC Magazine UK, retrieved 2009-10-09
- ^ Ben-David, Calev (February 15, 2011), Nice Systems to Acquire CyberTech for $60 Million - Bloomberg, retrieved 2011-02-15
- ^ "Nice Systems To Acquire Merced Systems For Up To $170M >NICE", The Wall Street Journal, December 2, 2011, retrieved 2011-12-02
- ^ Nice Systems to Acquire Causata, retrieved 2013-08-07 date=August 7, 2013
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