Israel's Nice Systems Sells Video Surveillance Unit for $100 Million

(Reuters) Steven Scheer - Israeli software provider Nice Systems is selling its video surveillance technologies unit to private equity firm Battery Ventures for up to $100 million. Nice seeks to focus more on its analytical software that enables companies to spot fraud and fend off security threats. The firm is betting on its abilities to mine through big data to drive growth.


2015-08-05 00:00:00

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