Xconomy Seattle

Nuance Communications Acquires Tegic Communications Inc. for $265,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5c84a0c9-fe33-4429-a8bd-941d4d6aa456&Preview=1
Date
6/21/2007
Company Name
Tegic Communications Inc.
Mailing Address
1000 Dexter Avenue N. Seattle, WA 98109
Company Description
Tegic Communications builds robust, innovative, embedded software designed to enhance communications on small mobile devices.
Website
http://www.tegic.com
Transaction Type
M&A
Transaction Amount
$265,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Under the terms of the agreement, total consideration is approximately $265 million in cash.