Nice Ltd.

M&A Activity • Apr 26, 2018

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE TO

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) or 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934

Mattersight Corporation

(Name of Subject Company)

NICE ACQUISITION SUB, INC. (Offeror) A Wholly Owned Subsidiary of

NICE SYSTEMS, INC. (Parent of Offeror) A Wholly Owned Subsidiary of

NICE LTD. (Parent of Offeror)

(Names of Filing Persons)

Common Stock, par value \$0.01 per share 7% Series B Convertible Preferred Stock, par value \$0.01 per share (Title of Class of Securities)

Common Stock: 577097108 (CUSIP Number of Class of Securities)

Tali Mirsky, Esq. General Counsel NICE Ltd. 13 Zarchin Street P.O. Box 690 4310602 Ra'anana Israel +972-9-7753151

(Name, address, and telephone number of person authorized to receive notices and communications on behalf of filing persons)

with copies to: Kenneth Henderson, Esq. James Attonito, Esq. Taavi Annus, Esq. Bryan Cave Leighton Paisner LLP 1290 Avenue of the Americas New York, NY 10104 (212)-541-2000

CALCULATION OF FILING FEE

Transaction Valuation	Amount of Filing Fee*
Not Applicable	Not Applicable

* A filing fee is not required in connection with this filing as it relates solely to preliminary communications made before the commencement of a tender offer.

Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

_ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

• _ third-party tender offer subject to Rule 14d-1.
• issuer tender offer subject to Rule 13e-4.
• going-private transaction subject to Rule 13e-3.
• amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer: If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:

• Rule 13e-4(i) (Cross-Border Issuer Tender Offer)
• Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)

This filing relates solely to preliminary communications made before the commencement of a tender offer by NICE Acquisition Sub, Inc., a Delaware corporation ("Purchaser") and an indirect wholly owned subsidiary of NICE Ltd., a company organized under the laws of the State of Israel ("NICE"), to purchase (i) all of the shares of common stock, par value \$0.01 per share, of Mattersight Corporation, a Delaware corporation ("Mattersight"), that are issued and outstanding and (ii) all of the shares of 7% Series B Convertible Preferred Stock, par value \$0.01 per share, of Mattersight that are issued and outstanding, pursuant to an Agreement and Plan of Merger, dated as of April 25, 2018, by and among Purchaser, Nice Systems, Inc., NICE and Mattersight.

Additional Information and Notice to Investors

This communication is for informational purposes only and does not constitute an offer to purchase nor a solicitation of an offer to sell any securities of Mattersight. The tender offer described in this communication has not yet commenced. The solicitation and offer to purchase shares of Mattersight common stock and 7% Series B Convertible Preferred Stock will only be made pursuant to a tender offer statement on Schedule TO and related exhibits, including the offer to purchase, letter of transmittal, and other related documents. Upon commencement of the tender offer, NICE Ltd., Nice Systems, Inc. and NICE Acquisition Sub, Inc. will file with the SEC a tender offer statement on Schedule TO and related exhibits, including the offer to purchase, letter of transmittal, and other related documents. In addition, Mattersight will file with the SEC a tender offer solicitation/recommendation statement on Schedule 14D-9 with respect to the tender offer. These documents will contain important information, including the terms and conditions of the tender offer. Investors and security holders are urged to read each of these documents and any amendments to these documents carefully when they are available prior to making any decisions with respect to the tender offer. Investors and security holders will be able to obtain free copies of these materials (when available) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov. Copies of the documents filed by NICE Ltd., Nice Systems, Inc. and NICE Acquisition Sub, Inc. with the SEC will also be available free of charge on the Investor Relations section of our website at www.nice.com and copies of the documents filed by Mattersight with the SEC will be available free of charge on Mattersight's website at www.mattersight.com

EXHIBIT INDEX

Exhibit No.	Document
99.1	Press Release issued by NICE Ltd. on April 26, 2018.

NICE To Acquire Mattersight, Bolstering its Leadership in Cloud Customer Service Analytics

Integrating the market leading cloud analytics solutions of Mattersight and NICE Nexidia allows organizations to move to a new era of creating smart personal connections

Hoboken, New Jersey April 26th, 2018 – NICE (NASDAQ: NICE) today announced that it has entered a definitive agreement to acquire Mattersight (NASDAQ: MATR). Mattersight is a leading provider of cloud-based analytics for customer service organizations. This acquisition further enhances NICE's offering and customer base.

Using interaction analytics, Mattersight gains a deep understanding of both customers and agents, and acts on these insights in real time to connect consumers with the organization in a personalized manner.

The integration of NICE analytics powered by Nexidia and Mattersight's behavioral analytics technology and domain expertise allows organizations to enjoy the market's most advanced analytics in the cloud, driving personalization and smart connections in real time. This allows them to stay ahead of the curve of changing customer preferences and create a superior customer experience.

Barak Eilam, CEO, NICE, said:

"Analytics is the cornerstone of NICE's strategy of creating a new customer service paradigm with CXone and Adaptive WFO."

"We were very impressed with Mattersight's innovative technology and domain expertise, as well as by their long standing strategic relationships with some of the largest customer service organizations. This acquisition reaffirms our commitment to delivering analytics in the cloud and to be at the forefront of the analytics market."

Kelly Conway, CEO of Mattersight added: "we are excited to join forces with NICE, a leader in its space. We are convinced that the combination will allow us to provide the best solutions to our customers, and be a great home for our products and team."

NICE will launch a tender offer to purchase the outstanding share capital of Mattersight. The offer price per common share will be \$2.70. The acquisition is expected to close in the second half of 2018, subject to customary closing conditions such as regulatory approvals. The acquisition is expected to be nondilutive to non-GAAP earnings in 2018.

About NICE

NICE (NASDAQ:NICE) is the world's leading provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. www.nice.com.

Corporate Media Contact:

Christopher Irwin-Dudek, 201-561-4442, chris.irwin-dudek@nice.com

Investors:

Marty Cohen, +1 551 256 5354, ir@nice.com, ET Yisca Erez, +972-9-775-3798, ir@nice.com, CET

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including those by Mr. Eilam, are based on the current beliefs, expectations and assumptions of the management of NICE-Systems Ltd. (the Company). In some cases, such forward-looking statements can be identified by terms such as believe, expect, may, will, intend, project, plan, estimate or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of the global economic environment on the Company's customer base (particularly financial services firms) potentially impacting our business and financial condition; competition; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; and the effect of newly enacted or modified laws, regulation or standards on the Company and our products. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

Additional Information and Notice to Investors

This communication is for informational purposes only and does not constitute an offer to purchase nor a solicitation of an offer to sell any securities of Mattersight. The tender offer for the shares of Mattersight common stock and 7% Series B Convertible Preferred Stock described in this communication has not yet commenced. The solicitation and offer to purchase shares of Mattersight common stock and 7% Series B Convertible Preferred Stock will only be made pursuant to a tender offer statement on Schedule TO and related exhibits, including the offer to purchase, letter of transmittal, and other related documents. Upon commencement of the tender offer, NICE Ltd. and its wholly-owned subsidiaries, Nice Systems, Inc. and NICE Acquisition Sub, Inc., will file with the SEC a tender offer statement on Schedule TO and related exhibits, including the offer to purchase, letter of transmittal, and other related documents. In addition, Mattersight will file with the SEC a tender offer solicitation/recommendation statement on Schedule 14D-9 with respect to the tender offer. These documents will contain important information, including the terms and conditions of the tender offer. Investors and security holders are urged to read each of these documents and any amendments to these documents carefully when they are available prior to making any decisions with respect to the tender offer. Investors and security holders will be able to obtain free copies of these materials (when available) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov. Copies of the documents filed by NICE Ltd., Nice Systems, Inc. and NICE Acquisition Sub, Inc. with the SEC will also be available free of charge on the Investor Relations section of our website at www.nice.com and copies of the documents filed by Mattersight with the SEC will be available free of charge on Mattersight's website at www.Mattersight.com

נייס מודיעה על רכישת Mattersight ומציגה דור חדש של פתרונות אנליטיקס בענן עבור מרכזי שירות לקוחות

שילוב פתרונות האנליטיקס של Mattertsight עם Nexidia - NICE מאפשר לארגונים לעבור לעידן חדש של התאמת שירות אישי לצרכי הלקוחות

הובוקן, ניו ג'רזי, 26 באפריל 2018 – נייס (NASDAQ: NICE (מודיעה היום על חתימת הסכם לרכישת Mattersight) NASDAQ: MATR(. Mattersight היא חברה מובילה לפתרונות אנליטיקס מבוססי ענן למרכזי שירות. רכישה זו ממשיכה לחזק את היצע הפתרונות של נייס ולהגדיל את בסיס לקוחותיה.

באמצעות ניתוח אינטראקציות, Mattersight מייצרת תובנות עמוקות הן לגבי הלקוח והן לגבי נציג השירות, ופועלת על פי תובנות אלו בזמן אמת על מנת לחבר ביניהם באופן ייחודי.

שילוב פתרונות האנליטיקס של Nexidia - NICE, עם הטכנולוגיה המתקדמת של Mattersight לניתוח דפוסי התנהגות, מאפשרת לארגונים ליהנות מהפתרונות המתקדמים ביותר בשוק, המייצרים פרסונליזציה וקשר אישי בין הלקוח לארגון בזמן אמת. פתרונות אלו מאפשרים לארגונים לצפות את שינויי ההעדפות של הלקוח ולייצר חווית שירות מעולה.

ברק עילם, מנכ"ל נייס: "אנליטיקס מהווה אבן יסוד באסטרטגיה של נייס ובשילוב עם CXone ו- WFO Adaptive יוצרים פרדיגמה חדשה בתחום שירות הלקוחות."

"התרשמנו מהטכנולוגיה החדשנית והמומחיות של Mattersight, כמו גם מהיחסים האסטרטגים ארוכי הטווח עם כמה מהלקוחות הגדולים בעולם. רכישה זו מאשררת את ההובלה שלנו כחוד החנית של התעשייה בפתרונות אנליטיקס בענן."

קלי קונווי, מנכ"ל Mattersight הוסיף: "אנו שמחים לשלב כוחות עם נייס, חברה המובילה בתחומה. אנו משוכנעים שהשילוב של שתי החברות יאפשר לנו לספק את מיטב הפתרונות ללקוחותינו, ויהיה זה בית מצוין למוצרים ולצוות העובדים שלנו."

ההסכם הוא לרכישת ההון המונפק של Mattersight במחיר של \$2.70 עבור כל מניה רגילה. הרכישה צפויה להיסגר במחצית השנייה של ,2018 בכפוף לתנאי סגירה מקובלים ואישורים רגולטורים.

הרכישה לא צפויה לדלל את הרווח למניה (GAAP-non (בשנת .2018

אודות נייס

נייס (NICE :NASDAQ, ת"א: נייס) הינה המובילה העולמית במתן פתרונות תוכנה, הן ברישיונות תוכנה והן בענן, המאפשרים לארגונים לנקוט בפעולה הבאה הטובה ביותר באמצעות כלים אנליטיים המנתחים מידע מובנה ושאינו מובנה. הפתרונות של נייס מסייעים לארגונים לשפר את חוויית הלקוח, להבטיח ציות לרגולציה, להיאבק בפשיעה פיננסית ולשמור על נכסים. הפתרונות של נייס נמצאים בשימוש של יותר מ- 25,000 ארגונים ביותר מ- 150 מדינות, כולל מעל 85 מהחברות המדורגות ב100- Fortune. www.nice.com

מסמך זה מהווה תרגום נוחות בלבד לעיקרי הדוחות ולהודעה לעיתונות באנגלית שפורסמה בארה"ב, המחייבת מבחינת החברה, והכוללת מידע נוסף, בין היתר בנוגע להפרשים בין GAAP ל- GAAP-Non.

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE. All other marks are trademarks of their respective owners. For a full list of NICE marks, please see: http://www.nice.com/nice-trademarks.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including those by Mr. Eilam, are based on the current beliefs, expectations and assumptions of the management of NICE-Systems Ltd. (the Company). In some cases, such forward-looking statements can be identified by terms such as believe, expect, may, will, intend, project, plan, estimate or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of the global economic environment on the Company's customer base (particularly financial services firms) potentially impacting our business and financial condition; competition; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; an inability to maintain certain marketing and distribution arrangements; and the effect of newly enacted or modified laws, regulation or standards on the Company and our products. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

Additional Information and Notice to Investors

This communication is for informational purposes only and does not constitute an offer to purchase nor a solicitation of an offer to sell any securities of Mattersight. The tender offer for the shares of Mattersight common stock and 7% Series B Convertible Preferred Stock described in this communication has not yet commenced. The solicitation and offer to purchase shares of Mattersight common stock and 7% Series B Convertible Preferred Stock will only be made pursuant to a tender offer statement on Schedule TO and related exhibits, including the offer to purchase, letter of transmittal, and other related documents. Upon commencement of the tender offer, NICE Ltd. and its wholly-owned subsidiaries, Nice Systems, Inc. and NICE Acquisition Sub, Inc., will file with the SEC a tender offer statement on Schedule TO and related exhibits, including the offer to purchase, letter of transmittal, and other related documents. In addition, Mattersight will file with the SEC a tender offer solicitation/recommendation statement on Schedule 14D-9 with respect to the tender offer. These documents will contain important information, including the terms and conditions of the tender offer. Investors and security holders are urged to read each of these documents and any amendments to these documents carefully when they are available prior to making any decisions with respect to the tender offer. Investors and security holders will be able to obtain free copies of these materials (when available) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov. Copies of the documents filed by NICE Ltd., Nice Systems, Inc. and NICE Acquisition Sub, Inc. with the SEC will also be available free of charge on the Investor Relations section of our website at www.nice.com and copies of the documents filed by Mattersight with the SEC will be available free of charge on Mattersight's website at www.Mattersight.com

לפרטים נוספים ניתן ליצור קשר עם: יעל ארנון, שרף תקשורת ,052-720-2703 com.scherfcom@yaela