News Articles

Wednesday, February 10, 2010

Nuance takeover of SpinVox reveals "a sea of red ink"

Financial information about the takeover of voicemail-to-text company SpinVox has been provided to the US Securities and Exchange Commission by new owner Nuance.

The 70-page document has been summarised by paidcontent.co.uk, which reported on financial issues at SpinVox in July last year. Its summary talks of "a sea of red ink" and notes that tax and expenses payments weren't handled properly.

SpinVox made a loss of over £56 million for the nine-month period ending 30th September 2009.

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: NewsNumber of views: 256

Tags:

Please login or register to post comments.

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2017»
MonTueWedThuFriSatSun
272812345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive

Terms Of Use | Privacy Statement