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Dubber Acquires Leading UK Mobile Recording Company Speik
Key highlights:
Speik supports O2 s mobile recording service: Increases Dubber s UK footprint
Speik provides PCI Compliance solutions with UK Carriers: Enriches Dubber s solution portfolio as leader in Unified Call Recording, Compliance, secure voice data management
Speik has annual revenue of circa £7m (circa A$12.4m): Growing month-on-month
Speik is profitable: Enhancing Dubber s consolidated bottom line
Accretive Fundamentals: Service provider and solution footprint, technology synergies and lean operating structure expected to contribute to revenue growth
Scrip and cash consideration with earn-out: Over half the consideration subject to a 16-month performance based earn-out to incentivise performance and preserve Dubber s strong cash position