page contents Nuance reportedly acquires Voicebox Technologies – The News Headline

Nuance reportedly acquires Voicebox Technologies

Nuance Communications has received Voicebox Applied sciences, GeekWire stories. Nuance’s most up-to-date Securities and Change Fee (SEC) submitting suggests the speech reputation corporate paid $82 million for Voicebox.

Voicebox, which is based totally in Bellevue, Washington, has evolved a VoiceAI platform that delivers a multi-person, cross-device enjoy. The platform is utilized in house and IoT units, in addition to attached automobiles. Its companions come with Toyota and Samsung.

In its most up-to-date quarterly file, Nuance highlighted its development in sure key verticals, together with attached automobiles. Particularly, it pointed to the automobile interface and person stories it is showcased with Daimler and Toyota. It additionally highlighted automobile shoppers the usage of its digital assistant generation, together with BMW and Ford.

“A most sensible precedence is to paintings with the workforce to take a complete take a look at Nuance’s complete portfolio, so we will temporarily make good alternatives on methods to boost up our momentum in expansion companies, ship inventions for purchasers, and generate worth for our shareholders,” Nuance CEO Mark Benjamin stated in a observation with the corporate’s Q2 file.

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