Tech Company M&A Transactions
Dictaphone Acquisition
On 3/31/2006, Dictaphone was acquired by Nuance Communications. Deal value was $359 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/31/2006
Transaction Type
M&A
Amount
$359,000,000
M&A Terms
Under the terms of the agreement, net consideration for the transaction was $359 million in cash, after accounting for all closing adjustments. Concurrent with the closing of the acquisition, Nuance also closed a senior secured debt facility from UBS Investment Bank, Credit Suisse, Citigroup and Bank of America. The facility comprises a $355 million term loan and a $75 million revolving credit facility.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
3191 Broadbridge Ave
Stratford, CT 06614
USA
Stratford, CT 06614
USA
Phone
Website
Email Address
Not Recorded
Overview
Dictaphone, ranked 31st in Healthcare Informatics ranking of top 100 companies by healthcare revenue, is the leading provider of dictation, transcription, speech recognition and natural language processing systems in the healthcare market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rob Schwager
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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