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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…



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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

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