Israeli software company Nice is pursuing a strategic shift and is seeking a buyer for Actimize, its US-based financial-fraud prevention unit.
A report from Calcalist indicates Goldman Sachs and J.P. Morgan have been engaged to manage the sale, with an asking price of US$1.5-2 billion.
Nice acquired Actimize in 2007 for US$280 million, integrating it as a formal division in 2009 under the Nice Actimize brand.
The unit provides financial-risk management tools, including anti-money laundering, fraud detection, and regulatory-compliance solutions.
Strategic Shift and Recent Acquisitions
The sale follows Nice’s US$955 million acquisition of German AI startup Cognigy, one of the largest deals in its history.
With only US$667 million in cash at the end of Q3 2025, the company needs funds to finance Cognigy.
Management sees Actimize as increasingly outside Nice’s core focus on cloud-based CRM and AI-driven customer-service automation.
Actimize remains a major profit driver.
The unit accounted for most of the Financial Crime and Compliance segment in 2024, generating US$453.5 million in revenue (16.6% of total) and US$158.3 million in operating profit (29% of total).
Profitability, however, has declined from 2019 levels.
Company Performance
Nice reported 2024 revenue of US$2.73 billion, up 15% year-on-year.
Operating margins were 20%, with net income of US$442.6 million.
The first nine months of 2025 showed a slowdown. Revenue fell 13% to US$1.75 billion and net income dropped 25% to US$256.6 million.
Since CEO Barak Eilam’s departure, shares have dropped 35%. Following Q3 earnings, they fell another 16%, reducing market value to US$6 billion.
The company projects a 25–26% operating margin for 2026, down from 31% in 2025, due to investments in AI through Cognigy.
Investors worry that AI and new competitors like Microsoft could reduce enterprise software demand.
At the same time, rising financial crime, stricter regulations, and digital banking challenges suggest Actimize may benefit from the trends affecting Nice’s broader business.
Featured image credit: Edited by Fintech News Switzerland, based on image by freepik
