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NXT has sold its Cyrus Electronics subsidiary to a management buy-out for £0.7m. 06-Sep-2004 NXT, the developer of loudspeaker technology, is looking to raise £0.6m from the sale of its manufacturing operations and will close its London office and transfer the work to Huntingdon. 07-Jul-2004 NXT has raised £28m in a share placing in order to fund the development of new technologies, such as speech synthesis. 05-Jul-2000 NXT has sold its Mission division, which makes conventional hi-fi speakers, to a management buy-out for £5.2m. 20-Jan-2000 NXT is forming an alliance with the government's Defence Evaluation & Research Agency to develop speech technology, and a new company called 2020Speech will combine NXT licensing skills with Dera's speech research unit. 01-Dec-1999
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