M&A Deal Summary

EOIR Technologies Acquires Viecore Federal Systems Division

On April 2, 2013, EOIR Technologies acquired software company Viecore Federal Systems Division from Nuance Solutions

Acquisition Highlights
  • This is EOIR Technologies’ 1st transaction in the Software sector.
  • This is EOIR Technologies’ 1st transaction in the United States.
  • This is EOIR Technologies’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2013-04-02
Target Viecore Federal Systems Division
Sector Software
Buyer(s) EOIR Technologies
Sellers(s) Nuance Solutions
Deal Type Divestiture

Target

Viecore Federal Systems Division

Eatontown, New Jersey, United States
Viecore FSD is a focused team that specializes in the design, development, and support of advanced decision support technologies and data management systems, from prototype through production. Its solutions and services will be integrated into EOIR’s portfolio of innovative engineering products and services for customers within the National Security market.

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Buyer(S) 1

Buyer

EOIR Technologies

Fredericksburg, Virginia, United States

Category Company
Founded 1981
Sector Semiconductors
DESCRIPTION

EOIR Technologies, Inc. is a provider of advanced remote sensing technology products and services to federal government agencies. EOIR Technologies was formed in 1981 and is based in Fredericksburg, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Nuance Solutions

Burlington, Massachusetts, United States

Category Company
Founded 1992
Sector Software
Employees7,100
Revenue 1.5B USD (2020)
DESCRIPTION
Nuance's corporate headquarters in Burlington, Massachusetts.
Nuance's corporate headquarters in Burlington, Massachusetts.

Nuance Solutions is a provider of speech and imaging solutions for businesses and consumers around the world. Nuance technologies, applications and services enable users calling directory assistance, getting account information, dictating patient records, telling a navigation system their destination, or digitally reproducing documents that can be shared and searched. Nuance Solutions was formed in 1992 and is based in Burlington, Massachusetts.


DEAL STATS #
Overall 1 of 2
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2013 M&A 1 of 1
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