Nice Systems to Acquire CyberTech for $60 Million
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Nice Systems Ltd. said its purchase of CyberTech International, a global provider of compliance recording solutions, for about $60 million in cash, will boost non-GAAP revenue by about $25 million in 2011.
Separately, the Israeli maker of digital-recording surveillance products said fourth-quarter adjusted net income was $32.7 million, or 51 cents a share, 13 percent higher than a year earlier. It beat the 49 cents a share mean estimate of two analysts surveyed by Bloomberg.