Tobii Dynavox AB (publ) (“Tobii Dynavox”) has today completed the previously announced acquisition of Acapela Group. The transaction was announced by Tobii AB in a press release on October 28, 2021.
On March 22, 2022, Tobii Dynavox announced that the acquisition had been approved by the relevant authorities and that the transaction was therefore expected to close on April 29, 2022. The company announces today that the acquisition of Acapela Group has been successfully completed.
In accordance with what has been communicated previously, the purchase price was EUR 9.8 million including cash and liability and was paid in cash and financed partly with own cash and partly through existing revolving credit facility.
Tobii Dynavox is the global leader in assistive communication. Our custom designed solutions enable people with disabilities such as cerebral palsy, ALS, autism and spinal cord injury to communicate with a voice of their own, develop literacy skills and live more independently. To date, hundreds of thousands of people worldwide have benefited from our integrated solutions, which include hardware, software, clinically developed language systems, special education tools, training, and dedicated support. Using AI-based speech synthesis, we offer users a personalized voice identity in over 30 languages, for children and adults. We offer an extensive funding support system to reach as many people as possible. Headquartered in Sweden, Tobii Dynavox employs over 600 people with offices in the US, the UK, Ireland, Norway, Denmark, Belgium, France and China, and reselling partners in 60+ countries. For more information, please visit our IR website: Tobii Dynavox Investor Relations.
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