NiCE, Israeli-American software company, is reportedly exploring a $1.5–$2B sale of its Actimize division as it shifts strategic focus toward cloud growth, CXone, and AI-driven customer experience tools. Actimize, acquired for $280M in 2007, has become a major profit engine, generating $158.3M in 2024, but is now considered non-core as cloud revenue climbs to 64% of total company revenue. Selling Actimize would free capital for Nice to double down on cloud and conversational AI, following its recent acquisition of Cognigy to enhance the CXone platform.
Nice Reportedly Looking to Sell Actimize Division for up to $2BN