Spinvox bought by Nuance for £64m

UK firm Spinvox, which converts voicemails into texts, has been bought by speech recognition company Nuance for $102.5m (£64m).

The deal is worth $66m in cash and $36.5m in stock, about a third of the previously rumoured $146m price tag.

Spinvox investor Invesco Perpetual had confirmed in September that Spinvox was up for sale.

In recent months doubts had been cast on how effective Spinvox's speech-to-text software actually was.

The company claims to use advanced voice recognition software for its service, but the BBC found that human operators were also involved in transcribing many messages.

Speech recognition-developer Nuance acquires Jott voice-to-text platform

Nuance, a developer of mobile speech recognitionsoftware, has acquired Jott, a company focused on voice-to-text conversion. Jott's Assistant platform lets users write notes, memos, messages, and more using hands-free voice input.

Nuance will integrate Jott's voice-to-text platform in its voice services portfolio. Nuance has also said that it will offer salable Enterprise packages that include Jott and that it will also open Jott's API to third-party partners.

 

Update: Nuance acquires parts of IBM's speech technology

Nuance recently announced that it will be purchasing some of IBM's speech technology. While the addition of IBM's source code will enable Nuance to make improvements to its embedded and network-based speech recognition technology, the acquisition and ensuing relationship has prompted questions over Nuance's technology and IBM's motives.

Nuance recently announced that it has acquired parts of IBM's speech recognition technology; namely, the source code from IBM's research and development team, which will enhance its speech capabilities in the areas of network-based and embedded text-to-speech (TTS), and advanced speech recognition (ASR). Nuance intends to combine the source code with its own over the next two years to improve the performance of its speech recognition engine.

Despite initial speculation that IBM will no longer compete in this market, the company will continue to develop its speech capabilities independently in these areas. It has sold Nuance a past release of its code for its embedded ViaVoice software and its WebSphere Voice Server middleware. The key motive for IBM in making this transaction is to gain some return on investment for its speech recognition technology, which is not unusual as it regularly sells patent licenses to other vendors.

The purchase of IBM's technology reinforces Nuance's aims to develop leading speech technology. However, it has also led to speculation that IBM's technology was in fact superior to Nuance's; if true, Nuance's decision to acquire this technology was a prudent one.

 

Nuance buys Zi in $35m deal

Voice recognition company Nuance Communications Inc has finally won over the management of Zi Corp who have agreed to a cash and stock deal worth around $35 million.
Nuance has been trying to buy its Calgary, Canada-based rival for more than six months, and back in July the company had offered $47.5 million for the developer of text input technologies for mobiles.
The declining market means the final value still represents a 73% premium on the closing price of Zi's stock on Wednesday.
In a statement, Nuance said that Zi’s mobile search and text input systems complement its own portfolio and would help it better address the market need for text input technology, especially in Asia-Pacific.

Nuance acquires parts of IBM's speech technology

Nuance recently announced that it will be purchasing some of IBM's speech technology. While the addition of IBM's source code will enable Nuance to make improvements to its embedded and network-based speech recognition technology, the acquisition and ensuing relationship has prompted questions over Nuance's technology and IBM's motives.

Nuance recently announced that it has acquired parts of IBM's speech recognition technology; namely, the source code from IBM's research and development team, which will enhance its speech capabilities in the areas of network-based and embedded text-to-speech (TTS), and advanced speech recognition (ASR). Nuance intends to combine the source code with its own over the next two years to improve the performance of its speech recognition engine.

Despite initial speculation that IBM will no longer compete in this market, the company will continue to develop its speech capabilities independently in these areas. It has sold Nuance a past release of its code for its embedded ViaVoice software and its WebSphere Voice Server middleware. The key motive for IBM in making this transaction is to gain some return on investment for its speech recognition technology, which is not unusual as it regularly sells patent licenses to other vendors.

[click heading for more]

Voxeo Acquires VoiceObjects


Voxeo, which produces standards-based voice applications, reported Tuesday that it has acquired VoiceObjects.
Voxeo, which seeks to develop easy-to-use voice products, said VoiceObjects, which provides self-service application development analytics solutions, will assist users in developing phone applications that can be deployed on VoiceXML platforms. 
[click heading for more]

Enghouse Completes Acquisition of Envox

Markham, Ontario, Phoenix, Arizona and Westborough, Massachusetts – (October 20, 2008) – Enghouse Systems Limited (TSX: ESL), today announced its acquisition of the business and assets of Envox Group AB. The acquisition was completed by Enghouse and certain of its subsidiaries including Syntellect Inc., for a purchase price of US$14,000,000, subject to certain adjustments. Envox’s annual revenues are approximately US$16,000,000. 

Nuance caps SNAPin Software deal

Nuance Communications Inc. continued its wave of acquisitions today when it reported that it had closed its purchase of SNAPin Software, a Washington State-based developer of mobile device and server self-service technology.Burlington-based Nuance, which develops speech recognition software, had announced plans to acquire SNAPin for $180 million in August. Nuance said the SNAPin acquisition allows Nuance to enable customer support based on voice recognition and predictive text so mobile consumers can simply dial, speak or text customer care. [click heading for more]