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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.
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 700 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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