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Announced

Completed

Texthelp completed the acquisition of Svensk Talteknologi from Skolon.

Synopsis

Texthelp, a provider of literacy software solutions for individuals, K-12 and higher education students, and publishers, completed the acquisition of Svensk Talteknologi, a specialist in assistive tools for reading and writing, from Skolon. Financial terms were not disclosed. "At Texthelp, we have an ambition to bring together the best language technologies from around the world. This partnership will allow us to maximise the support we can give to our users. I am excited that STT is joining the Texthelp Group. We also look forward to the collaboration with Skolon in our continued development in the Swedish market and other international markets, where we will now work on gathering the best technology to be able to help even more people in the field of reading, writing, and maths. Together we will be able to support even more people in Sweden and beyond," Martin McKay, Texthelp CEO.

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