Verint Systems Inc. (VRNT: Quote) Monday announced the signing of a definitive agreement to acquire KANA Software, Inc., a leader in customer service solutions delivered on-premises and in the cloud, for about $514 million in cash, subject to some closing adjustments.
The acquisition will extend Verint's Actionable Intelligence strategy. The collective solutions from Verint and KANA would enable organizations globally to implement a single-vendor suite to help transform customer engagement.
The acquisition of KANA, a portfolio....