Item 2.01 Completion of Acquisition or Disposition of Assets

Comverse Technology, Inc. ("CTI", and together with its subsidiaries, the "Company") previously disclosed that it completed the pro rata distribution of 100% of the outstanding shares of common stock of Comverse, Inc. ("Comverse") to CTI's shareholders on October 31, 2012 (the "share distribution"). Comverse is now an independent public company trading under the symbol "CNSI" on the NASDAQ Stock Market. On October 31, 2012, CTI's shareholders of record as of 5 p.m. EDT on October 22, 2012 (the "Record Date") received one share of Comverse common stock for every ten shares of CTI's common stock held as of the Record Date.

The unaudited pro forma financial information of the Company giving effect to the share distribution, and the related notes thereto, are attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits

(b) Pro forma financial information Unaudited pro forma financial information of the Company required by Article 11 of Regulation S-X is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
(d) Exhibits.

99.1 Unaudited pro forma consolidated balance sheet of the Company as of July 31, 2012 and unaudited pro forma consolidated statements of operations of the Company for the six months ended July 31, 2012 and 2011 and the fiscal years ended January 31, 2012, 2011 and 2010.