Nuance Gets IBM Speech Technology

1/16/09Follow @wroush

Burlington, MA-based Nuance Communications, shortly after announcing yesterday that it will raise $175 million in a stock sale to private equity firm Warburg Pincus, revealed that it has reached a deal with IBM to incorporate the computing giant’s speech technology into Nuance products. Nuance said it “expects the first integrated speech innovations combining Nuance and IBM technologies to be available within two years.” Nuance also bought the rights to several speech-related IBM patents; the companies aren’t saying how much money changed hands.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

By posting a comment, you agree to our terms and conditions.