Nice Systems , a provider of advanced solutions that enable enterprises and security organizations to extract insight from interactions, transactions and surveillance to drive business performance and ensure safety, acquired Lamda Communication Networks, a provider of satellite communications interception technology based in Israel. Lamda's technology addresses the growing demand for satellite communication interception capabilities and enables law enforcement, internal security and intelligence agencies to fight crime and terror more effectively. The company does not anticipate material impact on its financial results, as a result of the acquisition, in 2010.
The addition of Lamda's satellite communication interception technology will enhance Nice's existing capabilities and complement the current offering of applications such as monitoring, traffic analysis and voice analytics. It constitutes a flexible, software-based platform for satellite communications interception, with automatic analysis capabilities and advanced system management at a relatively cost-efficient infrastructure deployment. The technology is the culmination of 20 years of domain expertise and the team's experience in building satellite systems for customers worldwide.
"Nice is committed to delivering leading-edge technology and providing the most complete and advanced end-to-end, security solutions to our growing base of customers worldwide," said Israel Livnat, President of the Nice Security Group. "The acquisition of Lamda strengthens Nice's market leading position and will enable us to address the growing demand for satellite communications interception as part of the security solution deployment."
"Nice's security business is an important component of Nice's growth strategy and we are committed to continue to develop it. As we continue to win and implement large scale security deals, and as we see positive momentum in the market for our recently added situation management solution, we will continue to expand on these successes and to focus on this market and its opportunities," said Zeevi Bregman, President and CEO of Nice.