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NICE Systems Is Selling Its Video Surveillance Business for $100M

Israeli software provider NICE Systems is selling its video surveillance technologies unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses…


Latest in Video Surveillance

Integration firm Enterprise Security Systems (ESS) jumped into action when executives learned of a men’s shelter’s need for a video surveillance system. Read the inspiring story of how channel partners prioritized giving over getting to provide those less fortunate with safer passage. Scott Goldfine · August 03, 2015

Israeli software provider NICE Systems is selling its video surveillance technologies unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses more on its analytics business. According to officials with NICE, which provides analytical software that enables companies to spot fraud and fend off security threats, the firm will receive $85 million in cash and as much as $15 million based on future performance. Scott Goldfine · August 03, 2015

The hard drive maker generated $488 million during the fourth fiscal quarter, ending with total cash and cash equivalents of $5 billion. SSI Staff · July 31, 2015

CCTV is following the trends and technologies of broadcast and consumer video, from robotics to HDR imaging to H.265 video compression. Here are examples of IP cameras and surveillance technology from the recent IFSEC 2015, Europe’s leading fire and security expo Julie Jacobson · July 31, 2015

The facility in St. Laurent, Quebec, will serve as home base for product support, technical support and quality assurance. SSI Staff · July 30, 2015

Home surveillance footage shows a man chasing after a would-be car thief. SSI Staff · July 30, 2015

The video surveillance specialist reported quarterly revenue increased 38% year-over-year while net income sagged 19% during the same period. SSI Staff · July 30, 2015

A string of break-ins in several units at Storage Pros of Wyoming, Mich., revealed that video surveillance cameras and other security measures were lacking at the facility even though customers were paying for security services. SSI Staff · July 27, 2015

A Sunday notice from Jeffrey He, president of Hikvision USA and Canada, read as follows: "It is with deep regret that I inform you that Frank De Fina passed away over the weekend." Scott Goldfine · July 26, 2015

Police are searching for a home intruder who accidentally activated a video application on his victim's iPhone, which captured a clear image of his face. SSI Staff · July 23, 2015




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