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Nuance to Acquire BeVocal

Nuance Communications Inc. (Nasdaq: NUAN) has agreed to acquire BeVocal Inc., a Mountain View, Calif.-based provider of hosted call automation solutions to enterprises and service providers. The deal is valued at approximately $140 million, including around 8.3 million Nuance common shares and a $15 million cash payment. BeVocal shareholders also could receive an additional $60 million cash earn-out. BeVocal has raised around $85 million in total VC funding since its 1999 inception, from firms like and Mayfield, Technology Crossover Ventures, ArrowPath Venture Capital and U.S. Venture Partners.