Nice Ltd. — Regulatory Filings 2015

Aug 3, 2015

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SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2015 (Report No. 1)

Commission File Number: 0-27466

NICE-SYSTEMS LTD.

(Translation of Registrant's Name into English)

22 Zarchin Street, P.O. Box 690, Ra'anana, Israel

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  Form 40-F 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

22 Zarhin Street P.O. Box 690, Ra’anana 43107, Israel

THE FIRST SENTENCE IN THE FIRST PARAGRAPH OF THE PRESS RELEASE ATTACHED HERETO AS EXHIBIT 99.1 OF THIS REPORT ON FORM 6-K IS HEREBY INCORPORATED BY REFERENCE INTO NICE-SYSTEMS LTD.`S (“NICE”) REGISTRATION STATEMENTS ON FORM S-8 ((REGISTRATION STATEMENT NOS. 333-06784, 333-08146, 333-11842, 33309350, 333-11154, 333-111112, 333-111113, 333-134355, 333-144589, 333-145981, 333-153230, 333-162110, 333-162795, 333166364, 333-168100, 333-171165, 333-179408, 333-181375, 333-191176 and 333-199904), AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS SUBMITTED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.

CONTENTS

This Report on Form 6-K of NICE consists of the following documents, which are attached hereto and incorporated by reference herein:

99.1 Press Release: NICE Announces Agreement to Sell Its Physical Security Business Unit to Battery Ventures, Dated August 3, 2015

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

NICE-SYSTEMS LTD.

By: /s/ Yechiam Cohen Name: Yechiam Cohen Title: General Counsel

Dated: August 3, 2015

EXHIBIT INDEX

This Report on Form 6-K of NICE consists of the following documents, which are attached hereto and incorporated by reference herein:

99.1 Press Release: NICE Announces Agreement to Sell Its Physical Security Business Unit to Battery Ventures, Dated August 3, 2015

NICE Announces Agreement to Sell Its Physical Security Business Unit to Battery Ventures

Ra’anana, Israel, August 3, 2015 – NICE Systems (NASDAQ: NICE) has entered into an agreement to sell its Physical Security business unit to Battery Ventures, a technology investment firm, for a total consideration of up to $ 100million, comprising of $ 85million in cash and up to additional $ 15million based on future performance.

NICE’s Physical Security business unit provides video surveillance technologies and capabilities to security-aware organizations.

This divestiture will allow NICE to focus on its key markets and enterprise software business as part of the execution of its long-term strategic plan.

“We continue to aggressively execute our long-term strategic plan,” said Barak Eilam, CEO of NICE. “An element of that plan has been the divestiture of two businesses that did not fall within the parameters of our more synergetic, primary businesses. With this agreement, we have completed this stage of our plan, and we are now better able to focus on those areas that we believe will continue to drive profitable growth for our company.”

Eilam continued, “The Physical Security business unit has been a source of pride for NICE for many years with its history of constant innovation and market leadership. We are pleased to reach this agreement with Battery Ventures, which will place great emphasis on this area of business, and will be a good home for our employees. I believe that this business will remain a valuable asset for both customers and partners.”

Subject to certain conditions and satisfaction of terms, the transaction is scheduled to close during the third quarter of 2015.

Third Quarter and Full-Year 2015 Guidance:

Beginning in the third quarter of 2015, the company will present its results from continued operations on a pro forma basis with the Physical Security business unit as a discontinued operation.

The company is therefore revising its guidance to exclude the Physical Security business unit’s projected contribution from third quarter and full-year non-GAAP total revenues and non-GAAP fully diluted earnings per share.

The company now expects third quarter 2015 non-GAAP total revenues from its continued operations to be in a range of $215 million to $225 million (previous guidance: $236 million to $246 million), and third quarter non-GAAP fully diluted earnings per share from its continued operations to be in a range of $0.65 to $0.71 (previous guidance: $0.68 to $0.74).

The company now expects full-year 2015 non-GAAP total revenues, on a pro-forma basis as if Physical Security was excluded from the beginning of the year, to be in a range of $914 million to $934 million (previous guidance: $985 million to $1,005 million), and full-year non-GAAP fully diluted earnings per share to be in a range of $2.97 to $3.08 (previous guidance: $3.04 to $3.15).

The company expects the divestiture to be non-dilutive to earnings in 2016.

About NICE Systems

NICE Systems (NASDAQ: NICE) is the worldwide leading provider of software solutions that enable organizations to take the next best action in order to improve customer experience and business results, ensure compliance, fight financial crime, and safeguard people and assets. NICE’s solutions empower organizations to capture, analyze, and apply, in real time, insights from both structured and unstructured Big Data. This data comes from multiple sources, including phone calls, mobile apps, emails, chat, social media, video, and transactions. NICE solutions are used by over 25,000 organizations in more than 150 countries, including over 80 of the Fortune 100 companies. www.nice.com.

Corporate Media Contact

Erik Snider, +1 877 245 7448, erik.snider@nice.com

Investors Marty Cohen, +1 212 574 3635, ir@nice.com, ET Yisca Erez +972 9 775 3798, ir@nice.com, CET

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Systems. All other marks are trademarks of their respective owners. For a full list of NICE Systems' marks, please see: 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 the statements 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.

Physical Securityמודיעה על הסכם למכירת חטיבת ה- נייס Battery Venturesל-

Physical סיסטמס א (נ :סד"קNICE; ת"א: נייס) חתמה על הסכם למכירת חטיבת ה- נייס – 2015 באוגוסט , ,רעננה, ישראל3 15 מיליון דולר במזומן ו- ,מיליון דולר85 Battery Ventures, חברת השקעות בטכנולוגיה, בתמורה לסכום של עד100 ל- Security בכפוף לביצועים.עתידיים מיליון דולר

.של נייס מספקת טכנולוגיות ויכולות מעקב וידאו לארגוני בטחון Physical Securityחטיבת ה- המכירה תאפשר לנייס להתמקד בשווקי המפתח ובתחום תוכנות לארגונים, כחלק מההוצאה לפועל של התוכנית האסטרטגית לטווח .הארוך

ממשיכים לפעול באופן אגרסיבי לפי התוכנית האסטרטגית ארוכת הטווח שלנו" .," אמר ברק עילם, מנכ"ל נייס אחד האלמנטים "אנו ,בתוכנית זו, הוא מכירת שני התחומים שלא היו בליבת עסקינו ופחות סינרגטיים. עם הסכם זה, אנו משלימים את שלב זה של תכניתנו וכעת אנו יכולים להתמקד בצורה טובה יותר באזורים שיתרמו להגדלת הצמיחה".הרווחית בחברה הייתה מקור לגאווה עבור נייס במשך שנים רבות, עם היסטוריה של חדשנות מתמשכת Physical Securityעילם המשיך, "חטיבת ה- , שיאפשר לחטיבה התמקדות בתחום זה ויהווה בית חם עבור ומובילות שוק. אנו שמחים שהגענו להסכם עםBattery Ventures העובדים. אני מאמין שהחטיבה תמשיך להיות נכס בעל ערך עבור הלקוחות והשותפים העסקיים".

. הרבעון השלישי2015בכפוף לתנאים מסוימים ומילואם, העסקה צפויה להיסגר במהלך

:שלישי ול שנת2015תחזית לרבעון ה

החל מהרבעון השלישי של2015, החברה תציג את תוצאותיה מפעילות נמשכת על בסיס פרופורמה, כאשר פעילות חטיבת ה- .תדווח כפעילות שהופסקה Physical Security

ולשנה החברה מעדכנת את תחזית ההכנסותnon-GAAP)ה ) ו רווח למניהnon-GAAP)) בדילול מלא לרבעון השלישי ,בהתאם לכך .Physical Securityפעילות חטיבת ה- ה תוצאות החזויות שלכול ה, בניכוי מיליון דולר עד225 יהיו בטווח של215 מפעילות נמשכת ) לרבעון השלישי של2015( החברה צופה כעת שההכנסותnon-GAAP לרבעון השלישי )למניה בדילול מלא non-GAAP מיליון דולר). תחזית הרווח( מיליון דולר עד246 :מיליון דולר (תחזית קודמת236 .)דולר דולר עד0.74 :(תחזית קודמת0.68 דולר ד ולר עד0.71 להיות בטווח של0.65ה צפוי

Physical ( החברה צופה כעת שההכנסותnon-GAAP) לשנה כולה, על בסיס פרו פורמה ובניכוי התוצאות החזויות של חטיבת ה- מיליון מיליון דולר עד1,005 :(תחזית קודמת985 מיליון דולר מיליון דולר עד934 מתחילת השנה, י היו בטווח של914Security (תחזית דולר דולר עד3.08 צפויה להיות ב טווח של2.97 בשנת2015) למניה בדילול מלא non-GAAPהרווח ( תחזית)דולר . .)דולר דולר עד3.15 :קודמת3.04 . בשנת2016 לא תדלל את הרווח החברה מצפה שמכירת חטיבתPhysical Security

אודות נייס הינה המובילה העולמית במתן פתרונות תוכנה המאפשרים לארגונים לנקוט בפעולה הבאה ,ת"א :נייס )NASDAQ: NICE נייס( להיאבק בפשיעה פיננסית ולשמור עלהטובה ביותר על מנת לשפר את חוויית הלקוח ואת התוצאות העסקיות ,להבטיח ציות לרגולציה , Big Dataבטחון אנשים ונכסים .הפתרונות של נייס מאפשרים לארגונים לקלוט ,לנתח וליישם בזמן אמיתי תובנות ממידע מובנה וממדיהיידים ,דוא"ל ,צ'אטים ,שאינו מובנה .מידע זה מתקבל ממספר רב של מקורות כולל שיחות טלפון ,אפליקציות של טלפונים נ כולל מעל80 מדינות ,150 ארגונים ביותר מ-25,000חברתית ווידיאו ועסקאות .הפתרונות של נייס נמצאים בשימוש של יותר מ- www.nice.com .Fortune 100מהחברות המדורגות ב-

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Systems. All other marks are trademarks of their respective owners. For a full list of NICE Systems' 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 the statements 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 forwardlooking 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.

:לפרטים נוספים ניתן ליצור קשר עם gal@scherfcom.com ,052-720- לוי, שרף תקשורת2709גל לבנון-