Bankrupt Speech Tech Co. DynaVox Gets OK For $18M Sale

Law360, Wilmington (May 22, 2014, 4:38 PM EDT) -- A Delaware bankruptcy judge on Thursday gave speech technology company DynaVox Inc. the green light for a sale of the membership interests in their operating affiliates to Swedish eye-tracking technology firm Tobii Technology AB, which won a competitive auction with an $18 million bid.

At a hearing in Wilmington, DynaVox attorney William E. Chipman Jr. of Cousins Chipman & Brown LLP, said the auction held Wednesday pitted three suitors against each other and wound up pushing the price $1.5 million higher than an offer Tobii had...
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