Tech Company M&A Transactions
SpinVox Acquisition
On 12/30/2009, SpinVox was acquired by Nuance Communications. The companies indicated that total deal value was $102.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/30/2009
Transaction Type
M&A
Amount
$102,500,000
M&A Terms
Nuance SpinvoxNuance has confirmed the story VentureBeat broke earlier this morning, that it has acquired voice-to-text company SpinVox for $102 million. Of that, $66 million will be in cash, the rest in stock.
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
1115 Broadway 12th Floor
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Website
Email Address
Overview
We launched in 2005 through The Carphone Warehouse, The Link and other retail channels. Pretty soon we had over 130,000 regular users, with an unprecedented customer retention rate of 80%. People who started speaking through SpinVox soon found they couldn't live without it.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. All VC database entries on this site come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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