Nuance Acquires VoiceSignal

Nuance to acquire VoiceSignal Technologies to enhance its mobile device control and voice search portfolio

May 16, 2007

1 Min Read

BURLINGTON, Mass. -- Nuance Communications, Inc. (NASDAQ: NUAN - News) today announced that it has signed a definitive agreement to acquire VoiceSignal Technologies, Inc., creating an organization with broad resources, solutions and expertise that will satisfy the accelerating demand for speech-enabled mobile devices and services. Nuance expects to serve more than one billion consumers within the next three years with voice-based mobile solutions that allow people to simply and effectively navigate, retrieve and transact across the vast and growing universe of content and services available in mobile phones, automobiles and personal navigation devices.

Nuance and VoiceSignal share a vision to make the growing list of mobile device features, content and services available to consumers through a single button and a natural voice command. With proven technology, broad industry relationships, real-world deployment experience and an organization passionate about speech technology, the combined company will be able to develop new and innovative speech solutions and mobile search capabilities to more effectively serve the rapidly expanding market for mobile services and applications.

"Today, more than two billion people worldwide rely on mobile phones to stay connected, informed and productive. We see an expanding opportunity in helping consumers to use the powerful capabilities of their phones and to access the array of content and services available on the mobile Web," said Paul Ricci, chairman and CEO, of Nuance Communications, Inc. "We understand how to unlock the extraordinary potential of the mobile experience with speech. VoiceSignal's roster of solutions, language experience, relationships and talented employees will help Nuance deliver on the promise of the mobile lifestyle for consumers, device manufacturers, carriers and mobile Web content providers."

Nuance Communications Inc. (Nasdaq: NUAN)

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