PARAMUS, N.J.--(BUSINESS WIRE)--NICE (NASDAQ: NICE) today announced that it has changed its corporate name from NICE-Systems Ltd. to NICE Ltd. The corporate name change to NICE Ltd. is expected to be reflected at the open of trading on June 22, 2016. The Company has retained its ticker symbol of “NICE” on the NASDAQ stock exchange.

The new name reflects the Company’s transformation to an enterprise software company in which its business is aligned across all dimensions, including technologies, customers, and markets, and one that is squarely focused on analytics. Additionally, the name change better reflects the Company’s global brand, and the fact that the Company is known around the world as “NICE.”

“Over the past two years, we have embarked on a journey to transform NICE into a true enterprise software company,” said Barak Eilam, CEO of NICE. “We sold our Security business, strengthened innovation, continued to grow our portfolio of software solutions and just recently significantly expanded our cloud business and total addressable market with the announced acquisition of inContact. As the journey to transform NICE continues, we believe the name change better reflects our business and global brand, and our vision for NICE going forward.”

About NICE

NICE (NASDAQ: NICE) is the worldwide leading provider of enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE solutions help the world’s largest organizations deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 80 of the Fortune 100 companies, are using NICE solutions. www.nice.com.

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’s marks, please see: www.nice.com/nice-trademarks.