Nuance Buys SpinVox for $102.5 Million
Nuance Communications Inc. (Nasdaq: NUAN) has acquired SpinVox, a London-based provider of voice-to-screen messaging solutions. The deal is valued at $102.5 million, including $66 million in cash and approximately 2.3 million shares of Nuance common stock. SpinVox had raised over $125 million in VC funding, from firms like Goldman Sachs, GLG Partners and Toscafund.
30 December 2009•3 mins read
