DynaVox Files for $125 Million IPO


DynaVox Inc., a Pittsburgh-based maker of software and devices that assist people in overcoming speech, language or learning disabilities, has filed for a $125 million IPO. It plans to trade on the Nasdaq under ticker symbol DVOX, with Piper Jaffray and Jefferies & Co. serving as co-lead underwriters.

The company reports just over $91 million in revenue for the fiscal year ending July 3, 2009 ($1.66m net income). This compares to just over $81 million in revenue during the same period one year earlier.

Shareholders include Vestar Capital Partners and Park Avenue Equity Partners. www.dynavoxtech.com