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Nice acquires Cognigy for $955 million

Jul 29, 2025•6 days ago

Acquiring Company

Nice

Acquired Company

Cognigy

CarlsbadDüsseldorfManufacturingBuilding MaintenanceComputer VisionNatural Language ProcessingMachine LearningArtificial Intelligence

Description

Nice is acquiring Cognigy, a German AI startup, for $955 million. This acquisition aims to enhance Nice's customer contact technology by integrating Cognigy's AI solutions into its platform. The deal, the largest AI acquisition in Europe to date, is expected to close in the fourth quarter of 2025, pending regulatory approval. Both companies believe this partnership will boost innovation and customer value.

Company Information

Company

Nice

Location

Carlsbad, California, United States

About

Nice is a global provider of Home and Building Management solutions, focusing on delivering integrated and unified solutions to partners and end users.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed