Genesys said Monday that it has agreed to buy SoundBite Communications Inc. (SDBT) for a price of $5.00 per share.
The $5.00 per share cash offer price represents a total equity value of SoundBite of about $100.4 million, on a fully-diluted basis.
The deal, which has been approved by the Boards of Directors of both the companies, will be accomplished pursuant to a cash tender offer followed by a second step merger.
The deal is expected to close early in the third quarter of 2013.
The proposed acquisition will strengthen the Genesys cloud solutions portfolio, building on its recent acquisition of Angel for self-service and contact center solutions. The acquisition is expected to contribute about $50 million in cloud-based revenue to Genesys, bringing the total to over $135 million for Genesys' growing cloud business.
Genesys expects to fund the deal with available cash and credit facilities. The deal is not subject to any financing contingency.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.