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Nuance to acquire Swype in a $ 102.5 million

Posted by VdoCity Saturday, October 8, 2011 company behind the keyboard Swype success will be acquired by Nuance in a deal believed to be worth $ 102.5 million. Swype Inc., who designed the popular predictive QWERTY keyboard for touch screens did not start three years ago, but obviously quite well.Nuance mentioned that he has paid $ 77.5 million to shareholders of Swype, while the rest the money will be paid 18 months after the deal closes. The condition for the second payment will be carried out certain key executives to remain working at Nuance.

Nuance is believed to have made the offer to reduce competition by FlexT9 keyboard, which is a direct rival Swype Android (and presumably other platforms too).


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