Tech Company M&A Transactions
MedRemote Acquisition
On 5/16/2005, MedRemote was purchased by Nuance Communications. The companies indicated that total deal value was $6.2 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/16/2005
Transaction Type
M&A
Amount
$6,200,000
M&A Terms
ScanSoft, Inc. (Nasdaq: SSFT), a global leader of speech and imaging solutions, today announced the completion of its acquisition of MedRemote, Inc., an innovator in medical informatics and transcription workflow solutions for approximately 1.54 million shares of its Common Stock, and approximately $6.2 million in cash (net of cash on hand at closing).
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
700 East Ogden Avenue 300
Westmont, IL 60559
USA
Westmont, IL 60559
USA
Phone
Website
Email Address
Not Recorded
Overview
MedRemote, an innovator in health care informatics, delivers state-of-the-art web-based solutions for dictation, transcription, speech recognition, document management, and data mining.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kulmeet Singh
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We do our best to report on tech company VC transactions. VC investment data records reported here come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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