News Articles

Wednesday, December 30, 2009

SpinVox bought by Nuance

Nuance Communications, the company behind Dragon NaturallySpeaking PC speech recognition software and the Dictaphone Enterprise Speech System, has acquired voice-to-text company SpinVox. SpinVox says there'll be no change or interruption in service for its customers. The deal is costing Nuance $66 million in cash and $36.5 million in shares; a total value of around £64 million, although SpinVox has a £30 million loan that's due for repayment next month. [Nuance press release; SpinVox blog]

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: NewsNumber of views: 2473

Tags:

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2024»
MonTueWedThuFriSatSun
26272829123
45678910
11121314151617
18192021222324
25262728293031
1234567

Archive

Terms Of Use | Privacy Statement