By Connor Hart
Shares of Verint Systems climbed after Bloomberg reported that buyout firm Thoma Bravo is in talks to buy the maker of call-center software.
The stock gained 13%, to $20.95, in premarket trading Wednesday. Through Tuesday's close, shares have lost nearly 42% of their value in the past year.
Thoma Bravo is negotiating the terms of a potential deal with Verint, though there isn't any certainty that the two sides will reach an agreement, Bloomberg said Tuesday after the closing bell, citing people familiar with the matter.
A representative for Thoma Bravo declined to comment to Bloomberg. A spokesperson for Verint didn't immediately respond to requests for comment, the report said.
Verint uses artificial intelligence to help organizations increase customer experience automation, serving some 10,000 customers in more than 175 countries, according to its website. Semafor reported earlier that the Melville, N.Y., company was working with bankers to seek a buyer.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
July 02, 2025 06:28 ET (10:28 GMT)
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