M&A Deal Summary

Nuance Solutions Acquires TouchCommerce

On July 21, 2016, Nuance Solutions acquired internet software and services company TouchCommerce for 215M USD

Acquisition Highlights
  • This is Nuance Solutions’ 3rd transaction in the Internet Software and Services sector.
  • This is Nuance Solutions’ 3rd largest (disclosed) transaction.
  • This is Nuance Solutions’ 20th transaction in the United States.
  • This is Nuance Solutions’ 5th transaction in California.

M&A Deal Summary

Date 2016-07-21
Target TouchCommerce
Sector Internet Software and Services
Buyer(s) Nuance Solutions
Deal Type Add-on Acquisition
Deal Value 215M USD

Target

TouchCommerce

Agoura Hills, California, United States
TouchCommerce, Inc. is a provider of cloud platform increases eCommerce sales and improves the customer service experience.

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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 23 of 26
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 22 of 25
State: California M&A 5 of 5
Country: United States M&A 20 of 22
Year: 2016 M&A 1 of 2
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-17 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-27 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.”

Buy -