Warburg Pincus Completes Nuance PIPE

Warburg Pincus has completed its $100 million PIPE with Nuance Communications Inc. (Nasdaq: NUAN). The firm purchased approximately 5.76 million Nuance shares at $17.36 per share. The transaction closed in conjunction with Nuance's acquisition of eScription, a provider of computer-aided medical transcription software. 

 

PRESS RELEASE

Nuance Communications, Inc. (NASDAQ: NUAN), the world's leading supplier of speech solutions, today announced it has closed the acquisition of eScription, a leading provider of computer aided medical transcription software.

The combination of Nuance and eScription will broaden the capabilities of the Dictaphone