ATLANTA, GA. — Witness Systems, a provider of workforce optimization software and services, is acquiring two productivity and resource planning companies in deals worth $29 million.
Becoming part of Witness are Demos Solutions Consulting Group and Exametric. Both have extensive client bases in the financial services industry.
Witness (Nasdaq: WITS) said another $18 million could be added to the total if the acquired firms reach earn-out provisions.
Demos customers for its resource planning and scheduling product include four of the five largest banks in Canada and 33 percent of top 100 North American bank branches.
Exametric’s workforce management solutions are used at more than 12,000 locations around the world.