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ACQUISITION
FDN Database Reference: F231109-282
Acquirer: Nuance
ACQ Web: http://www.nuance.com
Location: USA, Burlington, MA
Region: North America
Description: Provider of voice-to-text services to telecommunications companies
Category: Mobile, Technology
Contact 1: John Pollard, vice president, Nuance Voice-to-Text Services
Vendor: SpinVox
Vendor Web: http://www.spinvox.com
Location: United Kingdom, Marlow
Region: Europe
Description: Provider of speech and imaging solutions for businesses and consumer.
Category: Mobile, Technology
Contact 1: Christina Domecq, Founder
Contact 2: Daniel Doulton, Founder
Aprox. Value: $102.5 million, comprising $66 million in cash and $36.5 million, or approximately 2.3 million shares, in Nuance common stock.
Details: By integrating SpinVox’s carrier services with Nuance’s advanced speech recognition platform, Nuance will further accelerate the growth of its voice-to-text business and scale to meet the needs of a growing, global customer base.
Links: The SpinVox blog Press Release
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