Deals
Nice Systems CEO Seen on the Prowl as Deal Speculation Mounts
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Since Nice Systems Ltd. sold its phone-tapping business, speculation has been mounting that Chief Executive Officer Barak Eilam is on the prowl for acquisitions.
Shares of LivePerson Inc., whose software allows companies to communicate with customers through voice and text chats, soared 14 percent on May 26 after the Israeli press reported Nice had considered buying the company. The news came less than a week after Nice, which makes digital surveillance and monitoring systems, sold its intelligence unit to Israeli defense company Elbit Systems Ltd. for as much as $158 million.