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Dynavox Group AB (publ) today announced that it has extended its credit facility with Swedbank by SEK 200 million, in accordance with the existing agreement between the parties. Proceeds from the extension will be used for future acquisitions to keep scaling the business.
"We are pleased to have secured this extended credit facility with Swedbank, which provides us with increased flexibility and capacity to execute strategic acquisitions as part of our growth strategy," says Fredrik Ruben, CEO of Dynaovox Group.
Dynavox Group has delivered consistent profitable growth over the past years, driven by organic growth and acquisitions. The extended credit facility will enable Dynavox Group to continue executing effectively on its growth strategy.
The extension agreement was signed March 5, 2025.
Dynavox Group AB (publ) is the parent company for Tobii Dynavox, the global leader in assistive communication. Headquartered in Stockholm, and listed on Nasdaq Stockholm (DYVOX), Dynavox Group, together with its brands has over 800 employees and serves customers in 65+ countries. Tobii Dynavox’s 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, mounting solutions, training, and dedicated support. We offer extensive funding expertise to facilitate funding for as many people as possible. As voice and motor impairments are common among our users, our solutions are accessed via alternative methods, such as eye gaze or touch screen. Using AI-based speech synthesis, we offer users a personalized voice identity in over 30 languages, for children and adults.
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