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    Tuesday, August 19, 2008

    SNAPin Acquired By Nuance Communications


    Bellevue-based SNAPin, a developer of mobile device software, has been acquired by Burlington, Mass.-based Nuance Communications. Nuance said Tuesday that it will pay approximately $180M in Nuance common stock for SNAPin, as well as additional earn-out. SNAPin's software is being used by mobile carriers to resolve common diagnostic and repair, configuration and other issues. Nuance said the acquisition will add $29M to $32M in non-GAAP revenue for 2009. SNAPin was venture backed by Frazier Technology Ventures, Hunt Ventures, Oak Investment Partners, and Trilogy Partners.
    posted on Tuesday, August 19, 2008


    Related companies:
    SNAPin

    Related stories:
    > SNAPin Completes Series C
    > SNAPin Gets Win With Vodafone
    > SNAPin Software Gets $13M from Oak
    > SNAPin Raises $6.3M
    > SNAPin Joins Symbian Partner Program
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