The United States based company Verint Systems Inc. (NASDAQ:
VRNT) has completed the acquisition of KANA Software for $514.2 million in Cash on
3rd February 2014. KANA Software is a portfolio company of a
technology focused investment firm named Accel‐KKR.
Verint System is one of the leading providers of analytics
software. The company is headquartered in Melville, New York, with offices across
the globe. The company has gone through series of acquisition following a
strategy of organic growth in the few years.
Accel-KKR portfolio company, KANA Software is a California
based company provides software solutions for service experience management
(SEM) to large and mid-size organizations.
The private equity firm Accel-KKR has brought the KANA Software
in December 2009. The company has supported KANA Software through investments
in order to achieve organic growth.
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