Nuance Writes Itself an eScription

4/9/08

Nuance Communications (NASDAQ: NUAN), the Burlington, MA-based provider of speech-related software technologies and services, including the Dictaphone system used by hundreds of thousands of doctors to dictate clinical notes over the phone, said yesterday that it will purchase Needham, MA-based eScription. The company makes automated speech-to-text software that turns dictated medical notes into rough first drafts, which are then polished by professional medical transcriptionists. Nuance said it will pay $363 million for eScription—$340 million in cash and $23 million in Nuance common stock.

Wade Roush is Chief Correspondent and Editor At Large at Xconomy. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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