Verint Systems
 |
|
| Public | |
| Traded as | NASDAQ: VRNT |
| Industry |
Software Business Intelligence Speech Analytics Video Analytics Business consulting IT consulting |
| Founded | 2002 |
| Headquarters | Melville, New York, US |
|
Key people
|
Dan Bodner, President and CEO |
| Revenue | $848 million |
| Total assets | Over $1 billion |
|
Number of employees
|
3,900 |
| Website | www |
Verint Systems is a Melville, New York-based analytics company which was founded in 2002. The company sells software and hardware products for security, surveillance, and business intelligence. Their products are designed to assist clients in data analysis, specifically large data sets.
Verint has more than 10,000 clients in 150 countries, and has approximately 2,800 employees in various locations internationally. The company was previously a majority-owned subsidiary of Comverse Technology and it was formerly known as Comverse Infosys. As with Comverse, approximately half of Verint's employees have been located in Israel. In February 2013, Verint Systems became independent of Comverse, having bought out the latter's stake in it.
Verint started as Comverse Technology's Comverse Infosys business unit, which was created in 1999 although it was also incorporated in Delaware in February 1994 as a wholly owned subsidiary of Comverse Technology. Verint's initial focus was on the commercial call recording market, which at the time was transitioning from analog tape to digital recorders. On June 7, 1999, the company releases an Internet Call Waiting service.
In 1999, Comverse Infosys was combined with another division of Comverse focused on security and the communications interception market. In 2001, Verint expanded into video security by combining with Loronix Information Systems, Inc., which had been previously acquired by Comverse. In 2002, Comverse Infosys changed its name to Verint Systems Inc.
In May 2002, Verint completed an IPO and became a public company, although it was still majority owned by Comverse Technology. Since 2006 Verint has acquired several other companies such as MultiVision Intelligent Surveillance Limited, a networked video security business; CM Insight Limited, a UK-based, customer management company; Mercom Systems Inc., a interaction recording and performance evaluation company; ViewLinks Euclipse Ltd., an Israeli-based provider of data mining and link analysis software; and Witness Systems, Inc. a workforce optimization company.
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Wikipedia