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NICE-Systems to acquire eGlue Software (eglue Business Technologies)
[March 25, 2010]

NICE-Systems to acquire eGlue Software (eglue Business Technologies)


Mar 25, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- NICE-Systems, Ltd. is in talks to acquire eGlue Software, Ltd. (eglue Business Technologies), a developer of real-time customer analysis technology, for approximately $30 million-$40 million. Both the companies are based in Israel.



NICE-Systems is a provider of insight from interactions solutions and value-added services.

Earlier, eGlue Software raised $33 million in venture capital funding from Giza Venture Capital, Plenus Venture Lending, Evergreen Venture Partners and Cedar Fund.


Deal Value (US$ Million) 40 Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2010-03-24 Deal Participants Target (Company) eglue Business Technologies Acquirer (Company) NICE-Systems, Ltd.

Deal Rationale The acquisition of eGlue will supplement NICE-Systems' solutions.

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