Tech Company M&A Transactions
Commissure Acquisition
Commissure, based in New York, was bought by Nuance Communications. The financial terms of the deal were not announced.
Transaction Overview
Company Name
Acquired By
Announced On
10/2/2007
Transaction Type
M&A
Amount
Unknown
M&A Terms
Financial terms of the transaction were not disclosed.Nuance Acquires CommissureTuesday October 2, 10:08 am ETNuance Acquires Medical Imaging Software Company CommissureBURLINGTON, Mass. (AP) -- Speech and imaging software company Nuance Communications Inc. said Tuesday it bought medical imaging software maker Commissure Inc.Financial details of the deal were not disclosed.Nuance said the purchase will help it speed sales growth through its software-as-a-service product offerings.The company said the Commissure acquisition includes a suite of diagnostic exam software products, as well as an exclusive technology license deal with Massachusetts General Hospital.Under the deal, Nuance will grant 217,975 shares of common stock as stand-alone restricted stock units to 21 Commissure employees that will join Nuance. Nuance said 50,250 of the units vest over four years and the rest vest over three years.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
Undisclosed
New York, NY 10000
USA
New York, NY 10000
USA
Phone
Website
Email Address
Not Recorded
Overview
Commissure solutions improve the day-to-day tasks of every professional involved in the interpretation and delivery of diagnostic imaging exams: the referring, technologist, radiologist, and administrator.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Mardini
Chief Scientific Officer
Yiannis Labrakos
Chief Technical Officer
David Rubin
VP - Client Services
Ronald Richardson
VP - Engineering
George Kustas
VP - Operations
George Boefer
Browse more venture capital transactions:
Prev: 10/2/2007: Sipera Systems venture capital transaction
Next: 10/2/2007: Zilker Labs venture capital transaction
Share this article
News on VC Transactions
We record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs