Add-on Acquisition • Information Technology

Nuance Solutions Acquires Accelarad

On April 17, 2014, Nuance Solutions acquired information technology company Accelarad

Acquisition Context
  • This is Nuance Solutions’ 4th transaction in the Information Technology sector.
  • This is Nuance Solutions’ 19th transaction in the United States.
  • This is Nuance Solutions’ 4th transaction in Georgia.

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M&A Deal Summary

Date April 17, 2014
Target Accelarad
Sector Information Technology
Buyer(s) Nuance Solutions
Deal Type Add-on Acquisition
Advisor(s) AGC Partners (Financial)

Target Company

Accelarad

Atlanta, Georgia, United States
Accelarad, the leading provider of SaaS medical imaging solutions serving more than 950 healthcare facilities and processing more than 400 million medical images.
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Buyer Overview 1

Buyer

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 Context for Buyer #
Overall 22 of 26
Sector: Information Technology 4 of 5
Type: Add-on Acquisition 21 of 25
State: Georgia 4 of 4
Country: United States 19 of 22
Year: 2014 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-15 Emdat

Madison, Wisconsin, United States

Emdat is a provider of medical documentation software, allowing healthcare organizations to protect or increase physician productivity, while also meeting “meaningful use” of electronic health records (“EHRs”) as established by the 2009 Health Information Technology for Economic and Clinical Health Act.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-21 TouchCommerce

Agoura Hills, California, United States

TouchCommerce, Inc. is a provider of cloud platform increases eCommerce sales and improves the customer service experience.

Buy $215M