Tech, Media & Telecom: Verint and Comverse Merge in $950M Deal
Verint develops security software
The Verint Systems Inc. Comverse Technology Inc. merger, valued at $950 million, has closed.
Security software firm Verint announced it would acquire Comverse, a billing-software provider, in August.
Now, Comverse is a wholly owned subsidiary of Verint.
Milbank Tweed Hadley & McCloy LLP represented Comverse for the deal.
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