Verint Systems Acquires Iontas for $14,800,000

  • Feed Type
  • Date
    2/4/2010
  • Company Name
    Iontas
  • Mailing Address
    1927 Lohmans Crossing Austin, TX 78734
  • Company Description
    Iontas’s goal is simple: to help our customers increase productivity and reduce costs. We do this by improving the performance and effectiveness of key business processes throughout their organization. Our pragmatic process improvement approach delivers process improvement value quickly and easily – without introducing unnecessary business risk.
  • Website
    http://www.iontas.com
  • Transaction Type
    M&A
  • Transaction Amount
    $14,800,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Verint acquired Iontas for approximately $14.8 million in cash (net of cash and net assets acquired) and potential additional earn-out payments tied to certain targets being achieved over a two-year period.

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