M&A Deal Summary

Nuance Solutions Acquires Agnitio SL

On October 27, 2016, Nuance Solutions acquired software company Agnitio SL

Acquisition Highlights
  • This is Nuance Solutions’ 10th transaction in the Software sector.
  • This is Nuance Solutions’ 1st transaction in Spain.

M&A Deal Summary

Date 2016-10-27
Target Agnitio SL
Sector Software
Buyer(s) Nuance Solutions
Deal Type Add-on Acquisition
Advisor(s) Mooreland Partners LLC (Financial)

Target

Agnitio SL

Madrid, Spain
Agnitio SL is a provider of voice biometrics solutions used for identification, authentication, verification and fraud prevention. The Company offers a comprehensive suite of voice biometrics products and solutions that allow users to perform superior speaker identification and precise ID verification functions for government, financial services and call center applications. At the core of AGNITiO’s product suite is an ultra-fast proprietary speaker recognition software engine that filters voice characteristics, creating a unique “voiceprint.”

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Buyer(S) 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 STATS #
Overall 24 of 26
Sector: Software M&A 10 of 11
Type: Add-on Acquisition M&A Deals 23 of 25
Country: Spain M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-18 Voicebox Technologies

Bellevue, Washington, United States

Voicebox Technologies is a provider of natural language understanding (“NLU”), conversational AI and automated speech recognition (“ASR”) software, used across connected auto, mobile phone and IoT platforms. Voicebox Technologies was founded in 2001 and is headquartered in Bellevue, Washington.

Buy -