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Nuance Buys eCopy

Burlington, MA-based Nuance Communications (NASDAQ: NUAN) said today it has purchased image scanning and indexing company eCopy of Nashua, NH, for $54 million in Nuance stock. ECopy’s software for touchscreen-driven multifunction printers (MFPs) helps companies scan business documents and easily incorporate them into accounting and records systems. “Nuance and eCopy share a vision of connecting MFP devices to a wide range of applications in an easy and productive way,” Robert Weideman, a general manager and senior vice president in Nuance’s Document Imaging Division, said in a statement.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.

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