TouchCommerce: Nuance Communications Acquires TouchCommerce, for $215m

Nuance Communications, Inc. (NASDAQ: NUAN), closed the acquisition of TouchCommerce, an Agoura Hills, CA-based provider of digital customer service and engagement solutions. The total consideration for the transaction was $215.0m. At the closing, Nuance paid $110.0m in cash (excluding certain closing adjustments) and $85.0m, or 5.7m shares, in Nuance common stock. The remaining $20.0m will [...]