Nuance Communications Closes Viecore Buyout - Quick Facts

Nuance Communications, Inc. (NUAN) on Friday revealed the completion of acquisition of Viecore, Inc., a consulting and systems integration firm. In connection with the acquisition of Viecore and in accordance with Nasdaq marketplace rule, Nuance would grant 613,363 shares of its common stock, in the form of stand-alone restricted stock units, as an inducement that is material to 334 individuals entering into employment arrangements with Nuance. The restricted stock units would be granted upon the approval of the Compensation Committee of Nuance's board of directors.

by RTTNews Staff Writer

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