NICE to Acquire Orsus Rumors True

Author: John Honovich, Published on Nov 21, 2009

Now confirmed (Nov 23, 2009), Multiple Israeli news sources are reporting that NICE is in talks to acquire Orsus. If this comes true, it would be an important event for the video surveillance and broader security market.

The Israeli papers are reporting an acquisition price of $40 Million USD or less despite overall investment in Orsus of $70 Million USD. See a Google translate version of ynet's article and The Marker's article.

Update - Nov 22: A New report indicates the purchase price is $22 Million USD (see Google translate of Calcalist's article).

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