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EPSILON M&A DEAL REPORT

Transaction Multiples for the Valuation of Private Companies

Loquendo - Valuation Multiples - Telecom software

Nuance Communications / Loquendo

25809
13/08/2011
Acquisition of Majority Stake
Yes
Nuance Communications

Loquendo
Italy
Software > Telecom software
Founded in 2001, Loquendo provides speech recognition and speech synthesis technologies for telephony, mobile, automotive, embedded and desktop solutions in 32 languages with 76 voices deployed in...

Transaction multiples available
EV/
Sales
EV/
Gross Profit
EV/
EBITDA
EV/
EBIT
Eq/
PBT
P/E Price
to Book
Specific
multiple(s)
Historic - - - -
Current - - - - - -
  
Multiple available
n.s.   Multiple calculated, but not significant

Source: Epsilon Research / EMAT

Comparable Transactions

  • Number of EMAT Reports / sub-sector « Telecom software » = 94
Example of comparable transactions on EMAT (same sub-sector):
DateAcquirerTargetCountryMultiplesSee details
09/09/2011 KDDI Total Immersion (Visio-Training) France
31609
26/01/2011 KIT digital Kewego France
22288

Source: Epsilon Research / EMAT