M&A Deal Summary

Amazon Acquires IVONA Software Sp. z o.o.

On January 24, 2013, Amazon acquired software company IVONA Software Sp. z o.o.

Acquisition Highlights
  • This is Amazon’s 7th transaction in the Software sector.
  • This is Amazon’s 1st transaction in Poland.

M&A Deal Summary

Date 2013-01-24
Target IVONA Software Sp. z o.o.
Sector Software
Buyer(s) Amazon
Deal Type Add-on Acquisition

Target

IVONA Software Sp. z o.o.

Gdynia, Poland
IVONA Software develops award-winning text-to-speech technology for use in the voice user interfaces on mobile devices, computers, communication systems and services. Its text-to-speech products have been recognized as industry leading in terms of natural voice quality, accuracy and ease of use. Today, IVONA offers one of the fastest growing voice and language portfolios with 44 voices in 17 languages and more in development. The IVONA suite includes a wide range of text-to-speech solutions for consumers, developers who want to incorporate text-to-speech into their user interfaces, and business customers from a variety of industries, including accessibility, public announcement/transportation, telecommunications, e-learning and more.

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Buyer(S) 1

Buyer

Amazon

Seattle, Washington, United States

Category Company
Founded 1994
Sector E-Commerce
Employees1,525,000
Revenue 638.0B USD (2024)
DESCRIPTION
Amazon office building in downtown Seattle, Washington.
Amazon office building in downtown Seattle, Washington.

Amazon is an e-commerce retailer and provider of web services. Amazon enables millions of products to be sold through its website and by third parties across a variety of product categories. Customers access Amazon directly and through mobile websites and apps. Amazon was founded in 1994 and is based in Seattle, Washington.


DEAL STATS #
Overall 36 of 80
Sector: Software M&A 7 of 11
Type: Add-on Acquisition M&A Deals 33 of 70
Country: Poland M&A 1 of 1
Year: 2013 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-02 UpNext

New York, New York, United States

UpNext, Inc. provides a mobile 3D mapping applications. Found in 2007.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-29 Goodreads

San Francisco, California, United States

Goodreads offers a website for people to recommend books to other users. The Company was formed in 2007.

Buy $150M