M&A Deal Summary

InnoCaption Acquires CaptionMate

On November 1, 2024, InnoCaption acquired internet software and services company CaptionMate

Acquisition Highlights
  • This is InnoCaption’s 1st transaction in the Internet Software and Services sector.
  • This is InnoCaption’s 1st transaction in the United States.
  • This is InnoCaption’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2024-11-01
Target CaptionMate
Sector Internet Software and Services
Buyer(s) InnoCaption
Deal Type Add-on Acquisition

Target

CaptionMate

Chattanooga, Tennessee, United States
CaptionMate is a mobile app for iPhones and Android devices that ensures hard-of-hearing consumers can make a functional equivalent phone call. CaptionMate also functions as a viable workplace solution turning your computer and office phone into a free captioning platform for individuals who need assistance at work. CaptionMate is headquartered in Chattanooga, Tennessee.

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Buyer(S) 1

Buyer

InnoCaption

Buena Park, California, United States
Category Company
Founded 2007
Sector Communications
DESCRIPTION

InnoCaption is a caption phone service that offers real-time captioning of phone calls through best-in-class automated speech recognition technology and live stenographers. The InnoCaption mobile app is available on iOS and Android devices, and the service is free of charge to anyone in the United States with hearing loss who needs captions to understand their phone calls. InnoCaption was formed in 2007 and is headquartered in Buena Park, California.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

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