CGNT - Mergers and acquisitions

Acquisition advances Cognyte's US growth strategy and expands its global customer base Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in software-driven technology for investigative analytics, today announced the acquisition of GroupSense, Inc. ("GroupSense"), a digital risk protection services company. The acquisition will help to expand Cognyte's customer base and growth potential within the U.S. market, a pillar in the company's overall growth strategy. Cognyte has acquired GroupSense for approximately $4 million plus an earnout of up to approximately $5 million subject to GroupSense meeting defined targets post-closing. Established in 2014, GroupSense helps customer

Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company," "Cognyte," "we," "us" and "our"), today announced it has entered into a definitive agreement to sell its Situational Intelligence solutions, which are part of Cognyte's Threat Intelligence Analytics offering, to the Volaris Group ("Volaris") for US$47.5 million plus a performance based earn-out, if and to the extent earned. The transaction is expected to close in Cognyte's fourth quarter, subject to customary closing conditions, including obtaining regulatory approvals. Sharpening Cognyte's Focus "Cognyte is addressing many security use cases with investigative analytics software, including Threat Intelligence Analytics. The portion of o