Blind Fear Wafra Purchase of Freedom Scientific
The purchase by Wafra Partners, a private equity group based in Kuwait, of Freedom Scientific, which sells the market-leading JAWS screen-reader, is causing some fear among advocates for the blind.
Blind Confidential investigated and got a cool reaction from Freedom employees:
Communication with the FS rank and file has resulted in people telling BC sources, “we were brought into an ‘All Hands’ meeting and told that the company had been sold,” but no Freedom personnel is saying to whom the company may have been sold and details like the selling price remain undisclosed. Some FS employees have grumbled that their stock options turned out to be worthless but no one seems to know the threshold above which the company had to sell in order for the employees to make some money on the deal.
Continue reading "Blind Fear Wafra Purchase of Freedom Scientific" »




Recent Comments