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Verint stock rises on report it may be bought by Israeli rival
Shares of Melville-based Verint Systems Inc. were up 7 percent Monday after a report that the software company is in talks to be acquired by an Israel-based civil defense firm.
Verint shares were up $2.26, to $33.86, after the Israeli financial newspaper Calcalist reported Nice Systems was considering paying $1.5 billion to acquire the Long Island company.
A spokesman for Verint did not immediately respond to a request for comment.
Verint produces software used by businesses and government agencies to sift through data from telephone calls and surveillance cameras to detect potential problems.