NICE Systems Ltd.

NICE Systems Ltd. (NICE) is an Israel-based IT solutions provider. Its solutions consist of integrated, scalable, multimedia recording platforms, software applications, and other related professional services. Solutions offered by the company capture, manage, and analyze unstructured multimedia content and transactional data. The company`s solutions are broadly offered to customers primarily in three sectors, namely, Enterprise, Financial, and Security. The company`s customer base comprises organizations from various sectors such as financial services, telecommunications, healthcare, outsourcers, retail, service providers, and utilities. The company`s offerings are deployed at over 24,000 customer locations. The company is headquartered in Ra`anana, Israel.
   
In November 2009, the company entered into a definitive agreement for acquiring the security management solution assets of US-based Orsus Solutions, a situation management software solutions provider in a USD 22 million cash deal.

In August 2009, the company acquired Hexagon System Engineering Ltd., an Israel-based company that provides cellular location tracking technology. The company also acquired Fortent, a leading provider of analytics based anti-money laundering and financial crime prevention software solutions for the financial services industry.The company reported revenues of (U.S. Dollars) USD 624.16 million during the fiscal year ended December 2008, an increase of 20.64% over 2007. The operating profit of the company was USD 37.35 million during the fiscal year 2008, an increase of 13.76% over 2007. The net profit of the company was USD 39.11 million during the fiscal year 2008, an increase of 4.62% over 2007.