Tech Company M&A Transactions

Swype Acquisition

Swype was acquired by Nuance Communications. The transaction became public on 10/6/2011. Financial terms set the valuation at $102.5 million.

Transaction Overview

Company Name
Announced On
10/6/2011
Transaction Type
M&A
Amount
$102,500,000
M&A Terms
The aggregate consideration payable to the former shareholders of Swype consists of $102,500,000, of which $77,500,000 was paid at the closing and the remaining $25,000,000 (the "Contingent Consideration") is payable on the eighteen month anniversary of the closing.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
701 North 34th St 200
Seattle, WA 98104
USA
Email Address
Overview
Swype is a maker of text-input technology for mobile devices.
Profile
Swype LinkedIn Company Profile
Social Media
Swype Company Twitter Account
Company News
Swype News
Facebook
Swype on Facebook
YouTube
Swype on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mike McSherry
  Mike McSherry LinkedIn Profile  Mike McSherry Twitter Account  Mike McSherry News  Mike McSherry on Facebook
Chief Financial Officer
Loreen Milbrath
  Loreen Milbrath LinkedIn Profile  Loreen Milbrath Twitter Account  Loreen Milbrath News  Loreen Milbrath on Facebook
Chief Operating Officer
Aaron Sheedy
  Aaron Sheedy LinkedIn Profile  Aaron Sheedy Twitter Account  Aaron Sheedy News  Aaron Sheedy on Facebook
Chief Technical Officer
Cliff Kushler
  Cliff Kushler LinkedIn Profile  Cliff Kushler Twitter Account  Cliff Kushler News  Cliff Kushler on Facebook
Founder
Randy Marsden
  Randy Marsden LinkedIn Profile  Randy Marsden Twitter Account  Randy Marsden News  Randy Marsden on Facebook
VP - Engineering
Mark Illing
  Mark Illing LinkedIn Profile  Mark Illing Twitter Account  Mark Illing News  Mark Illing on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/6/2011: Xfire venture capital transaction
Next: 10/7/2011: SolarReserve venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC transactions on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary