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Nice Systems closes on $940M acquisition of inContact

Published 11/14/2016, 06:10 PM
Nice Systems closes on $940M acquisition of inContact
  • Nice Systems today closed on its acquisition of inContact (NASDAQ:SAAS), bringing the cloud call center provider into the fold after its $940M deal.
  • It marks the first time a single vendor offers contact center cloud infrastructure along with a full range of workforce optimization applications and analytics, Nice says.
  • Nice gave notice to holders of inContact's 2.5% convertible senior notes due 2022 that a "fundamental change" and "make-whole fundamental change" have occurred with the acquisition and the end of inContact's trading on Nasdaq.

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