Tech Company M&A Transactions
Phonetic Systems Acquisition
Operating out of Bedford, Phonetic Systems was acquired by Nuance Communications. The acquisition price was $35 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/15/2004
Transaction Type
M&A
Amount
$35,000,000
M&A Terms
Consideration comprises $35 million in cash, with a payment of $17.5 million due at closing and another payment of $17.5 million due 24 months after closing.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
35 Crosby Dr 300
Bedford, MA 01730
USA
Bedford, MA 01730
USA
Phone
Website
Email Address
Not Recorded
Overview
Phonetic Systems delivers real-time speech recognition solutions that use the power of voice to increase productivity and improve customer service.
Management Team
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Prev: 11/15/2004: Impress Software venture capital transaction
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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