Summit Partners

Private Equity And Venture Capital
For Growth Companies

Investments

Ditech Networks, Inc.

Mountain View, California

Industry
  • Communications Technology & Services
Date Invested
  • 1997
Status
  • Former Portfolio Company
Description

Ditech Networks is a provider of echo cancellation and voice processing solutions, which enable service providers to improve the quality of wireless, wireline, and voice-over-packet networks.

The company completed its initial public offering in 1999 (NASDAQ: DITC). In 2012, Ditech Networks was acquired by Nuance Communications (NASDAQ: NUAN).