NiCE (NICE) has announced a definitive agreement to acquire Cognigy in a deal valued at approximately $955 million, unanimously approved by NiCE’s Board of Directors. The transaction is expected to close in the fourth quarter of 2025.
Cognigy serves leading brands such as Mercedes-Benz, Nestlé, and Lufthansa Group, with a projected 80% ARR growth in 2026.
Philipp Heltewig, Co-Founder and CEO of Cognigy, described the acquisition as a pivotal step forward, offering significant opportunities for customers and employees.