Verint Systems to be acquired by Calabrio in $2 billion all-cash deal

Verint Systems has been acquired by Calabrio in a $2 billion all-cash transaction, with Verint shareholders receiving $20.50 per share, an 18% premium over the unaffected share price. The merger is expected to close before the end of Verint's fiscal year, pending customary conditions and shareholder approval. Verint will become a wholly owned subsidiary of Calabrio and will no longer be publicly traded.