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 4 900template capital iq website www.verint.com 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 . 1 their products are designed to assist clients in data analysis specifically large data sets . 2 verint has more than 10 000 clients in 150 countries 3 and has approximately 2 800 employees in various locations internationally . citation needed the company was previously a majority owned subsidiary of comverse technology 4 and it was formerly known as comverse infosys . 5 as with comverse approximately half of verint s employees have been located in israel . 5 in february 2013 verint systems became independent of comverse having bought out the latter s stake in it . 6 contents 1 history 1.1 founding early years 1.2 expansion and name change 1.3 ipo acquisitions 1.4 full independence 2 products 3 see also 4 references 5 external links history edit founding early years edit verint started as comverse technology s comverse infosys business unit which was created in 1999 7 although it was also incorporated in delaware in february 1994 as a wholly owned subsidiary of comverse technology . dubious discuss 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 . 8 expansion and name change edit 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 . citation needed in 2002 comverse infosys changed its name to verint systems inc. 9 ipo acquisitions edit 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 . 10 in july 2008 11 amit bohensky founded focal info 12 a software company focused on web data extraction and analytics . the following month focal info had been bought by verint for an undisclosed amount with bohensky hired back on to lead focal info s extendend activity within verint . 13 14 a subsequent acquisition was of iontas in early 2010 a provider of desktop analytics solutions . 10 beginning with a stock options backdating scandal in 2006 parent company comverse technology suffered a series of financial reporting problems losses and layoffs with one consequence that both comverse and verint were delisted from the nasdaq stock market in 2007 and ended up on the pink sheets . 15 in july 2010 verint was relisted on the nasdaq stock market under the symbol vrnt . 16 by that year there was considerable talk that comverse technology would sell its remaining interest in verint with some private equity firms mentioned as possible buyers . 4 17 in september 2011 verint acquired global management technologies corporation paying around 25 million for it . 18 full independence edit in august 2012 verint announced that it would buy out comverse technology s stake in it in a transaction valued at around 800 million . 19 an fbr capital markets analyst said the move finally eliminates a major overhang on the name by removing comverse s majority ownership stake . 19 the deal was finalized in february 2013 . 6 on february 3 2014 verint systems completed acquisition of kana software inc. from accel kkr for 514.2 million . 20 products edit verint s products include speech analysis software used to analyze call center recordings and ip surveillance cameras and smart video surveillance analysis software . 21 22 23 verint s reliant software provides law enforcement agencies with the ability to monitor and analyze voice video and data for a vast number of targets on all types of large complex computer networks in order to collect evidence for calea wiretaps . 24 multiple national governments including the u.s. u.k. and various european asian and pacific nations have purchased millions of dollars in verint surveillance software and equipment . 25 26 27 28 on january 27 1997 comverse technology inc. announced the formation of a new private equity fund in partnership with quantum industrial holdings ltd. 29 verint has also received millions of dollars in government contracts to outfit airports shipping ports and government facilities with intelligent video surveillance systems with tracking biometrics and video analysis features . for example unisys chose verint as a subcontractor on its contract with the transportation security administration to install video surveillance devices in secure areas of airports across the u.s. 30 in july 2009 amr research ranked verint 20th in its list of the top 50 global enterprise application vendors . 31 during the latter portion of the decade of the 2000s the company has won several awards from crm magazine . 32 in 2011 verint announced the launch of enhancements to its nextiva video business intelligence solution . the solution is part of the nextiva ip video portfolio from verint video intelligence solutions . 33 see also edit biometrics business intelligence closed circuit television camera communications assistance for law enforcement act mass surveillance surveillance references edit o harrow robert 2006 . no place to hide . simon & schuster . isbn 0 7432 8705 3 . one government contractor is verint systems the marketing and eavesdropping specialist on long island washington post . verint systems inc. . retrieved march 20 2012 . verint systems inc. . computer business review . missing or empty url help ; access date requires url help a b eric savitz september 30 2010 . buyers eye comverse assets including verint ; shares spike pdf . barron s. a b verint to raise 75m . in nasdaq ipo the jerusalem post 8 february 2002 . a b ron steinblatt 7 february 2013 . verint completes separation from comverse . globes . mark harrington 3 june 1999 . comverse technology boasts surge in profits fee required . newsday . dow jones news service . p. a52 . comverse network systems unveils internet call waiting service . comverse infosys changes name to verint systems inc. press release . comverse technology . february 1 2002 . a b iontas acquisition press release . amit bohensky . linkedin . retrieved 2014 03 16 . leadership amit bohensky member of the board and investor . support machines understanding people . retrieved 2014 03 16 . udi mishel january 16 2012 . verint buys israeli focal info . qlikq . retrieved 2014 03 16 . about us amit bohensky investor board member . clinch . retrieved 2014 03 16 . http www.sys con.com node 524389 verint to be relisted on nasdaq july 6 2010 nir zalik 10 october 2010 . comverse unloads ulticom to platinum equity for 90m . haaretz . john callegari long island business news . verint to acquire atlanta based gmt corp. . september 27 2011 . retrieved september 27 2011 . a b verint to buy comverse technology . reuters . 13 august 2012 . accel kkr completes sale of kana software inc. to verint systems inc. for 514.2 million in cash archived march 2 2014 at the wayback machine . fickes michael jul 1 2007 . searchable video . security solutions . retrieved 2009 03 11 . wall barbara january 27 2006 . fear factor stocking up on security . international herald tribune . retrieved 2009 03 11 . dolph bob june 2007 . full monitoring menu awaits you . security sales & integration . retrieved 2009 03 11 . reliant lawful interception monitoring center for law enforcement agencies leas . verint systems product page . retrieved 2009 03 11 . verint receives 2 million order for reliant tm law enforcement communications interception solution from a new customer in europe . verint systems press release . july 11 2002 . retrieved 2009 03 11 . verint receives multi million dollar order for reliant communications interception solution from new government agency customer in the united states . . business wire . july 23 2003 . retrieved 2009 03 11 . verint selected to provide law enforcement communications interception solution to a new customer in asia pacific . . business wire . july 8 2002 . retrieved 2009 03 11 . u.k. government selects verint networked video security solution ; new government agency customer to deploy verint solution at multiple locations . . business wire . april 13 2004 . retrieved 2009 03 11 . soros fund management forms new 30 million technology venture capital fund with comverse technology subsidiary . ain stewart march 27 2005 . long island weekly desk . the new york times . access date requires url help the global enterprise application market sizing report 2008 2013 . amrresearch.com . amr research . 2009 07 07 . retrieved 2010 04 15 . verint is service award winner for third consecutive year anamika singh tmcnet . verint announces its nextiva video business intelligence solution for retail operations . september 20 2011 . retrieved september 27 2011 . external links edit official website retrieved from https en.wikipedia.org w index.php title verint systems & oldid 741579488 categories companies listed on nasdaqamerican companies established in 2002mass surveillancesurveillancecall recording softwaresoftware companies based in new yorkcompanies based in suffolk county new yorkinformation technology companies of israel2002 establishments in new yorkhidden categories pages using web citations with no urlpages using citations with accessdate and no urlarticles with wayback machine linksall articles with unsourced statementsarticles with unsourced statements from february 2015all accuracy disputesarticles with disputed statements from february 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 28 september 2016 at 11 20 . text is available under the creative commons attribution sharealike license ; 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