Verint buying Atlanta tech firm for $24M

Melville-based Verint Systems Inc., a maker of video and voice analysis software, will buy a Georgia company that specializes in workforce management systems for retail bank branches.

Verint said it will pay at least $24.6 million in cash for Global Management Technologies Corp. of Atlanta. Under the agreement Verint will pay up to $17.4 million more, contingent on future performance, in the 28 months after the closing.

"With this combination, the company is continuing to accelerate its focus on and investment in solutions designed to help organizations increase productivity, reduce operating costs and improve customer service and sales," Verint announced Monday.

Using its existing info technology along with that of the acquired company, Verint will be able to provide software for analysis of employee and customer voice, video and other data at call centers, bank branches and back offices, Verint said. The software can help banks decide where to introduce automation, how to staff its branches and assign specific employee tasks, Verint said.