Business Services Industry
NICE expands market pressure.(financial forecasts for NICE Systems following acquisition of Dees Communications)
Israel Business Today, June, 1997
A recent report by leading US investment house. Lehman Brothers, indicates that computer telephony integration (CTI) developer, NICE Systems (Nasdaq: NICEY), is due to maintain a strong performance in all its areas of operation while expanding its presence in the CTI-based digital recording market.
According to Lehman Brothers' analysts, NICE's forthcoming acquisition of Vancouver, Canada-based Dees Communications is likely to generate enhanced revenue figures in 1998. "With this addition, NICE is likely to significantly expand its position in the rapidly growing call center market," explained one analyst. "The company is on target to close this acquisition by the first week of July, and we anticipate reviewing our estimates upon closure," continued the...
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