Industry news

What's happening around the industry.

Private Equity

Verint Thoma Bravo Acquisition

Verint says it has agreed to be acquired by Thoma Bravo in a $2 billion deal, marking a significant ownership change for a company with a long footprint in customer engagement and public-sector software.

Layoffs

Verint Layoffs Report

Benzinga reports that Verint cut hundreds of jobs following the Thoma Bravo acquisition, a sign of the restructuring pressure that can follow large private-equity buyouts.

Funding

Versaterm Permira Investment

Government Technology reports that Versaterm has taken minority backing from Permira as it expands through acquisitions, including drone technology tied to public safety operations.