Elbit Systems of America to Integrate JHMCS II on AC-130W

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Elbit Systems (ESLT) to Acquire NICE Systems' (NICE) Cyber and Intelligence Unit in $158M Deal

May 21, 2015 6:13 AM UTC

Elbit Systems Ltd (Nasdaq: ESLT) has signed an agreement to acquire NICE Systems Ltd.'s (Nasdaq: NICE) Cyber and Intelligence division for a total amount of up to $157.9 million, subject to certain customary adjustments. Out of the total amount, $117.9 million will be paid in cash at the time of the closing, expected to take place in the third quarter of 2015, subject to certain closing conditions. An additional... More