Verint to acquire KANA Software
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Verint Systems(NASDAQ:VRNT) has announced the signing of a definitive agreement to acquire KANA Software , to form a unique and revolutionary combination that would extend Verint’s Actionable Intelligence strategy . The collective solutions from Verint and KANA would enable organizations worldwide to implement a single-vendor suite to help transform customer engagement. The acquisition of KANA is expected to be completed in Verint’s first fiscal quarter ending April 30, 2014. Dan Bodner, CEO, Verint , explained, “We believe that acquiring KANA would allow Verint to offer a holistic customer engagement strategy powered by Actionable Intelligence, providing significant value for our customers and partners. We have been impressed with KANA and share a common vision for our respective markets, including a firm commitment to our customers. We look forward to completing the transaction and welcoming KANA into the Verint...