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Verint to become independent, public company

August 15, 2012Martha Entwistle

MELVILLE, N.Y.—If the merger deal with its parent company, Comverse Technology Inc. (CTI), goes through as planned, video surveillance provider Verint will be a 100 percent independent public company as early as February. “This is really good news, long term, for Verint,” Jeff Kessler, managing director of Imperial Capital, told Security Systems News. CTI has had complications in the past with the Securities and Exchange Commission filing process, Kessler said, “and...

Alan Roden, Comverse Technology Inc., CTI, Imperial Capital, Jeff Kessler, Security Systems News (SSN), U.S. Securities and Exchange Commission (SEC), Verint