Tobii Dynavox Ab entered into an agreement to acquire Acapela Group Babel Technologies SA for €9.8 million on October 28, 2021. The total purchase consideration for all the shares amounts to EUR 9.8 million, including cash and debt and will be paid in cash. Acapela Group's turnover in 2020 was approximately EUR 6 million with an EBIT margin of 14%. The acquisition of Acapela Group is subject to the relevant competition authorities, regulatory approvals, completion of the drag-along process and other customary conditions. As of March 9, 2022 CMA decided that the anticipated acquisition by Tobii Dynavox AB of Acapela Group Babel Technologies SA does not qualify for investigation under the merger provisions of the Enterprise Act 2002. This acquisition has been cleared by the relevant regulatory bodies, including approval by the UK Competition and Markets Authority (CMA). The transaction is expected to close on April 29, 2022.

Tobii Dynavox Ab completed the acquisition of Acapela Group Babel Technologies SA on April 29, 2022. The transaction was financed partly with own cash and partly through existing revolving credit facility.