{"id":533820,"date":"2021-09-02T08:33:43","date_gmt":"2021-09-02T12:33:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/verint-completes-acquisition-of-conversocial\/"},"modified":"2021-09-02T08:33:43","modified_gmt":"2021-09-02T12:33:43","slug":"verint-completes-acquisition-of-conversocial","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/verint-completes-acquisition-of-conversocial\/","title":{"rendered":"Verint Completes Acquisition of Conversocial"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p style=\"font-weight:normal\"><b>Verint Completes Acquisition of Conversocial<\/b><\/p>\n<p>MELVILLE, N.Y.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.verint.com%2F&amp;esheet=52485318&amp;newsitemid=20210902005326&amp;lan=en-US&amp;anchor=Verint%26%23174%3B&amp;index=1&amp;md5=e990fc3f88bc053075a1d3aa97bde270\">Verint<sup>\u00ae<\/sup><\/a> (NASDAQ: VRNT), The Customer Engagement Company<sup>\u2122<\/sup>, today announced the completion of the previously announced transaction to acquire Conversocial, a leader in conversational customer experience delivered over messaging channels.\n<\/p>\n<p>\nOn August 10, Verint issued a release, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.verint.com%2Fpress-room%2F2021-press-releases%2Fverint-is-expanding-its-cloud-platform-capabilities-to-help-brands-accelerate-digital-first-customer-engagement%2F&amp;esheet=52485318&amp;newsitemid=20210902005326&amp;lan=en-US&amp;anchor=Verint+Expands+its+Cloud+Platform+Capabilities+to+Help+Brands+Accelerate+Digital-First+Customer+Engagement&amp;index=2&amp;md5=f552baff8e52f2a2099dfac53e1e58b1\">Verint Expands its Cloud Platform Capabilities to Help Brands Accelerate Digital-First Customer Engagement<\/a>, stating its intent to acquire the leading conversational messaging company.\n<\/p>\n<p>\nIn a recent Saddletree research note, Paul Stockford commented on the acquisition, \u201cVerint enters this customer service market segment at an ideal time and with the potential to redefine the third-party messaging customer experience as it continues to find new applications for its conversational artificial intelligence (AI), as provided by Verint Intelligent Virtual Agents (IVAs). While most third-party messaging applications focus on messaging, Verint already has the technology in-hand to further personalize these emerging digital channels with conversational AI.\u201d<sup> *<\/sup><\/p>\n<p>\nConversocial solutions help leading brands such as Google, Sephora, British Airways, and Hertz build and scale relationships through the personal touch and convenience of social messaging. The combination of Verint and Conversocial will provide organizations with support for <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.verint.com%2Fengagement%2Fyour-role%2Fdigital-first-engagement%2F&amp;esheet=52485318&amp;newsitemid=20210902005326&amp;lan=en-US&amp;anchor=digital+customer+engagement&amp;index=3&amp;md5=31851b903effa07b4b2ab359a1d025e7\">digital customer engagement<\/a> with connections to the commonly used messaging channels, including Apple Business Chat, Facebook Messenger, Twitter, WhatsApp, and more.\n<\/p>\n<p><b>About Verint<\/b><\/p>\n<p>\nVerint<sup>\u00ae<\/sup> (Nasdaq: VRNT) helps the world\u2019s most iconic brands \u2013 including over 85 of the Fortune 100 companies \u2013 build enduring customer relationships by connecting work, data and experiences across the enterprise. The Verint Customer Engagement portfolio draws on the latest advancements in AI and analytics, an open cloud architecture, and The Science of Customer Engagement<sup>\u2122<\/sup> to help customers close The Engagement Capacity Gap<sup>\u2122<\/sup>.\n<\/p>\n<p>\nVerint. The Customer Engagement Company<sup>\u2122<\/sup>. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.verint.com%2F&amp;esheet=52485318&amp;newsitemid=20210902005326&amp;lan=en-US&amp;anchor=Verint.com&amp;index=4&amp;md5=776ada84976ff57c8f5774e7273d1f78\">Verint.com<\/a>.\n<\/p>\n<p><sup>*<\/sup> Source: Saddletree Research, Verint Acquires Conversocial, Expands Digital Customer Engagement Strategy, August 11, 2021\n<\/p>\n<p>\nThis press release contains \u201cforward-looking statements,\u201d including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management&#8217;s expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2021, our Quarterly Report on Form 10-Q for the quarter ended April 30, 2021, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.\n<\/p>\n<p>\nVERINT, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, THE ENGAGEMENT CAPACITY GAP and THE SCIENCE OF CUSTOMER ENGAGEMENT are trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210902005326r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210902005326\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210902005326\/en\/<\/a><\/span><\/p>\n<p><b>Media Relations<br \/>\n<br \/><\/b>Amy Curry<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:amy.curry@verint.com\">amy.curry@verint.com<br \/>\n<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>Matthew Frankel<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:matthew.frankel@verint.com\">matthew.frankel@verint.com<\/a>\/\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Communications Data Management Social Media Technology Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210902005326\/en\/638510\/3\/Verint_Logo_Blue_RGB_High-Res.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Verint Completes Acquisition of Conversocial MELVILLE, N.Y.&#8211;(BUSINESS WIRE)&#8211;Verint\u00ae (NASDAQ: VRNT), The Customer Engagement Company\u2122, today announced the completion of the previously announced transaction to acquire Conversocial, a leader in conversational customer experience delivered over messaging channels. On August 10, Verint issued a release, Verint Expands its Cloud Platform Capabilities to Help Brands Accelerate Digital-First Customer Engagement, stating its intent to acquire the leading conversational messaging company. In a recent Saddletree research note, Paul Stockford commented on the acquisition, \u201cVerint enters this customer service market segment at an ideal time and with the potential to redefine the third-party messaging customer experience as it continues to find new applications for its conversational artificial intelligence (AI), as provided by Verint Intelligent Virtual Agents &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/verint-completes-acquisition-of-conversocial\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Verint Completes Acquisition of Conversocial&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-533820","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Verint Completes Acquisition of Conversocial - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/verint-completes-acquisition-of-conversocial\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Verint Completes Acquisition of Conversocial - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Verint Completes Acquisition of Conversocial MELVILLE, N.Y.&#8211;(BUSINESS WIRE)&#8211;Verint\u00ae (NASDAQ: VRNT), The Customer Engagement Company\u2122, today announced the completion of the previously announced transaction to acquire Conversocial, a leader in conversational customer experience delivered over messaging channels. On August 10, Verint issued a release, Verint Expands its Cloud Platform Capabilities to Help Brands Accelerate Digital-First Customer Engagement, stating its intent to acquire the leading conversational messaging company. In a recent Saddletree research note, Paul Stockford commented on the acquisition, \u201cVerint enters this customer service market segment at an ideal time and with the potential to redefine the third-party messaging customer experience as it continues to find new applications for its conversational artificial intelligence (AI), as provided by Verint Intelligent Virtual Agents &hellip; Continue reading &quot;Verint Completes Acquisition of Conversocial&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/verint-completes-acquisition-of-conversocial\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-02T12:33:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210902005326r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verint-completes-acquisition-of-conversocial\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verint-completes-acquisition-of-conversocial\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Verint Completes Acquisition of Conversocial\",\"datePublished\":\"2021-09-02T12:33:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verint-completes-acquisition-of-conversocial\\\/\"},\"wordCount\":538,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verint-completes-acquisition-of-conversocial\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210902005326r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verint-completes-acquisition-of-conversocial\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verint-completes-acquisition-of-conversocial\\\/\",\"name\":\"Verint Completes Acquisition of Conversocial - 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