Verint Systems Inc. (NASDAQ:VRNT) Files An 8-K Completion of Acquisition or Disposition of Assets

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Verint Systems Inc. (NASDAQ:VRNT) Files An 8-K Completion of Acquisition or Disposition of Assets

Verint Systems Inc. (NASDAQ:VRNT) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01. Completion of Acquisition or Disposition of Assets.

On December 19, 2018, Verint Systems Inc. (“Verint”, “we”, “us” or “our”) completed the acquisition of all of the outstanding (a)shares of capital stock of ForeSee Results, Inc., a Delaware corporation, and (b) membership interests in RSR Acquisition, LLC, a Delaware limited liability company and an affiliate of ForeSee Results, Inc. (together, “ForeSee”), from Answers Corporation. ForeSee is a leading cloud voice of the customer (VoC) vendor. The purchase price consisted of $58.9 million of cash paid at closing, subject to certain adjustments, plus a deferred payment of $6.0 million.

Item 9.01. Financial Statements and Exhibits.

(a) Financial Statements of Business Acquired.

Verint will furnish any financial statements required by Item 9.01(a) by amendment no later than 71 calendar days after the date this initial Current Report on Form 8-K is required to have been filed with the SEC to SEC rules.

(b) Pro Forma Financial Information.

Verint will furnish any financial statements required by Item 9.01(b) by amendment no later than 71 calendar days after the date this initial Current Report on Form 8-K is required to have been filed with the SEC to SEC rules.

About Verint Systems Inc. (NASDAQ:VRNT)

Verint Systems Inc. offers Actionable Intelligence solutions. The Company’s Actionable Intelligence solutions address Customer Engagement Optimization, Security Intelligence, and Fraud, Risk and Compliance. It offers services, such as strategic consulting, implementation services, training, maintenance and round the clock support, as well as a range of deployment models. It has three segments: Enterprise Intelligence Solutions, which includes solutions for customer analytics, engagement management and workforce optimization; Cyber Intelligence Solutions, which provides cyber intelligence solutions, including Cyber Security, Network Intelligence, Off-Air Intelligence, Web Intelligence, Fusion Intelligence and Lawful Interception Compliance, and Video and Situation Intelligence Solutions, which offers video and situation intelligence solutions, including Situational Awareness Platform, Enterprise Video Management Software, Video Analytics, EdgeVMS and Public Safety Media Recorder.