Sale Of Land	9 Months Ended
Oct. 31, 2010
Sale Of Land
Sale Of Land	21. SALE OF LAND On September 16, 2010, Comverse Ltd. entered into an agreement for the sale of land in Ra'anana, Israel to a third party for approximately $28.5 million. Approximately $27.1 million of such proceeds were received in September 2010. The balance, which was originally held in escrow to cover, to the extent necessary, any applicable taxes and levies, was received in May 2011. The sale was consummated following a bid process during which the Company considered multiple offers. The land sale was pursued as part of the initiatives undertaken by management to improve the Company's cash position. The Company recorded a net gain of $2.4 million on the sale of this land for the three months ended October 31, 2010.

21. SALE OF LAND

On September 16, 2010, Comverse Ltd. entered into an agreement for the sale of land in Ra'anana, Israel to a third party for approximately $28.5 million. Approximately $27.1 million of such proceeds were received in September 2010. The balance, which was originally held in escrow to cover, to the extent necessary, any applicable taxes and levies, was received in May 2011. The sale was consummated following a bid process during which the Company considered multiple offers. The land sale was pursued as part of the initiatives undertaken by management to improve the Company's cash position. The Company recorded a net gain of $2.4 million on the sale of this land for the three months ended October 31, 2010.