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SpinVox bought by US firm for $102.5m

The voicemail-to-text company has been acquired by US speech and imaging software firm Nuance
Written by Natasha Lomas, Contributor on

UK voicemail-to-text company SpinVox has been acquired by US speech and imaging software firm Nuance.

Under the deal announced last week, Nuance will pay $66m (£40m) in cash and $36.5m in Nuance common stock for the company.

The deal is worth $102.5m in total — around half the value of investment money put into the UK start-up.

For more on this story, see SpinVox sold to US rival for $102.5m on silicon.com.

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