NICE Systems Ltd. Acquires Orsus for $22,000,000

  • Feed Type
  • Date
    11/23/2009
  • Company Name
    Orsus
  • Mailing Address
    15615 Alton Parkway Irvine, CA 92618
  • Company Description
    Orsus is focusing on the development of an innovative system that provides a comprehensive solution in the area of situation and response management for command and control centers, particularly organizations in which field security is critical (airports, energy plants, hospitals, etc.), as a first step toward becoming a market leader in this area.
  • Website
    http://www.orsus.com
  • Transaction Type
    M&A
  • Transaction Amount
    $22,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The transaction is subject to the satisfaction of customary closing conditions and is anticipated to close towards the end of the fourth quarter of 2009.

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