M&A Deal Summary

NICE Acquires IEX

On May 22, 2006, NICE acquired software company IEX from Tekelec Global for 200M USD

Acquisition Highlights
  • This is NICE’s 3rd transaction in the Software sector.
  • This is NICE’s 2nd largest (disclosed) transaction.
  • This is NICE’s 2nd transaction in the United States.
  • This is NICE’s 1st transaction in Texas.

M&A Deal Summary
Date 2006-05-22
Target IEX
Sector Software
Buyer(s) NICE
Sellers(s) Tekelec Global
Deal Type Divestiture
Deal Value 200M USD

Target

IEX

Richardson, Texas, United States
IEX Corp. is a provider of workforce management, strategic planning and performance management solutions for the contact center.

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Buyer(S) 1

Buyer

NICE

Ra'anana, Israel
Category Company
Founded 1986
Sector Software
Employees8,384
Revenue 2.4B USD (2023)
DESCRIPTION

NICE is a global enterprise software provider that enables organizations to improve customer experience, drive business performance, ensure compliance and fight financial crime. The Company's mission is to provide organizations with the confidence in making the right business decisions based on accurate, relevant and insightful information. NICE helps companies understand their customers and predict their needs, optimize their workforce to drive greater efficiency, and identify suspicious behaviour to prevent financial crime. NICE does this by capturing customer interactions and transactions across multiple channels and sources. NICE then applies analytics to this data to provide real-time insight and uncover intent. The Company's solutions allow organizations to operationalize this insight and embed it within their workflows and daily business processes. NICE was founded in 1986 and is based in Ra'anana, Israel.

DEAL STATS #
Overall 4 of 23
Sector (Software) 3 of 12
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 2 of 16
Year (2006) 2 of 2
Size (of disclosed) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-22 Performix Technologies

Burlington, Massachusetts, United States

Performix Technologies, Inc. is a provider of contact center performance management (CCPM).

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-30 Actimize

New York, New York, United States

Actimize, Inc. is a provider of a surveillance platform that enables financial institutions to identify threats and prevent potential losses from money laundering, fraudulent transactions and brokerage compliance violations.

Buy -

Seller(S) 1

SELLER

Tekelec Global

Morrisville, North Carolina, United States
Category Company
Founded 1971
Sector Software
Employees1,291
DESCRIPTION

Tekelec Global, Inc. is a provider of signaling and session control systems and software to both wireless and wireline carriers as well as cable network operators.

DEAL STATS #
Overall 2 of 4
Sector (Software) 1 of 1
Type (Divestiture) 2 of 4
State (Texas) 1 of 1
Country (United States) 2 of 3
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-14 Steleus

Westford, Massachusetts, United States

Steleus, Inc. is a performance management company, engages in supplying network-related intelligence to telecom operators.

Buy $57M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-20 Tekelec - Switching Solutions Group

United States

Tekelec, Inc. - Switching Solutions Group is a provider of communication solutions.

Sell -
Mergr

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