Business Context and Reporting Period
This Form 6-K filing by NICE Ltd. (NICE-SYSTEMS LTD.) covers the month of March 2011, specifically dated March 4, 2011. The company is a foreign private issuer based in Ra'anana, Israel, and files annual reports on Form 20-F.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. The document focuses exclusively on a corporate transaction.
Material Changes
The primary material change reported is the completion of the acquisition of CyberTech International, a global provider of compliance recording solutions and value-added applications. The transaction was finalized on March 4, 2011, following an initial announcement on February 15, 2011. The total consideration for the acquisition was approximately $60 million.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, outlook, or specific risk factors related to the acquisition. It serves as a notification of the transaction's completion and incorporates the report by reference into various Form S-8 registration statements.
Key Facts for Investor Verification
- Acquisition of CyberTech International was completed on March 4, 2011.
- Total consideration paid for the acquisition was approximately $60 million.
- CyberTech International specializes in compliance recording solutions and value-added applications.
- No financial performance metrics were disclosed in this specific filing.