Business Context and Reporting Period
This Form 6-K filing by NICE Ltd. (NICE-SYSTEMS LTD.) covers the month of October 2011, specifically dated October 26, 2011. The report details the completion of a strategic acquisition.
Key Financial Metrics
The filing does not provide standard financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. The primary financial data point disclosed is the transaction value of the completed acquisition.
- Acquisition Consideration: Approximately $80 million.
Material Changes
The material change reported is the completion of the acquisition of Fizzback, a global provider of Voice of the Customer solutions. Fizzback provides software solutions for Real-Time Customer Feedback designed to drive customer loyalty and employee performance. The acquisition was originally announced on September 19, 2011, and finalized on October 26, 2011.
Guidance, Outlook, and Risks
The filing does not contain specific financial guidance, outlook projections, management commentary on future performance, or a discussion of risks and contingencies beyond the announcement of the acquisition completion.
Key Facts for Investor Verification
- Verify the integration timeline and expected synergies of the Fizzback acquisition.
- Confirm the final purchase price and any potential earn-out provisions associated with the $80 million consideration.
- Review subsequent filings for the impact of this acquisition on NICE's consolidated financial statements and goodwill.