(Bloomberg) -- Verint Systems Inc. plans to buy Kana Software Inc. for about $514 million to add technologies to complement its Actionable Intelligence software that helps organizations capture and analyze voice, video and text data.
The purchase of Kana from Accel-KKR will be financed by about $100 million in cash and $300 million in loans, with the remainder funded by a credit facility, Melville, New York-based Verint said today in a statement. Completion of the deal is targeted by the end of April.
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