Verint Systems

Customer Engagement Solutions

Business Software
Acquired by Thoma Bravo on Aug, 2025

Company Overview

Snapshot

Founded in April 1994 by Yuval Altman, Verint Systems operates with over 4,000 employees. The company has raised $72 million across one funding round and was acquired by Thoma Bravo in August 2025.

Business overview

Verint Systems provides customer engagement solutions designed to help brands build lasting customer relationships by unifying work, data, and experiences. Its Customer Engagement Platform leverages AI, analytics, open integration, and customer engagement science to address the Engagement Capacity Gap, enabling organizations to adapt to evolving work dynamics and eliminate inefficiencies. Verint's solutions serve various industries by enhancing customer and employee experiences, primarily operating within the Business Software sector.

Strategic signal

In September 2024, Verint announced a new $200 million stock buyback program, signaling a strategic move to return value to shareholders and potentially indicating confidence in its financial health and future prospects amidst market fluctuations. This follows recent analyst adjustments to price targets, suggesting a dynamic period for the company's valuation and investor sentiment.

Company Intelligence Q&A

When was Verint Systems acquired?
Verint Systems was acquired by Thoma Bravo in August 2025.
What was a significant product development announced by Verint Systems in September 2024?
In September 2024, Verint Systems expanded its Contact Center Business Analytics Suite with the introduction of the Verint Genie Bot, aimed at enhancing customer engagement capabilities.
What strategic partnership did Verint Systems deepen in September 2024?
In September 2024, Verint Systems deepened its partnership with Five9 to deliver AI-driven customer experiences, integrating their respective technologies to enhance contact center operations.
What recognition did Verint Systems receive in September 2024?
In September 2024, Verint Systems was recognized as a leading vendor in the CRM Industry Leader Awards, highlighting its strong position in the customer relationship management market.
What financial action did Verint Systems announce in September 2024?
In September 2024, Verint Systems announced a new $200 million stock buyback program, indicating a move to repurchase shares from the open market.