July 10, 2011

Nuance Communications snaps up Swype, eyes bigger mobile pie

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Speech recognition and digital imaging software maker Nuance Communications Inc bought rival Swype Inc for $102.5 million to enhance its offerings for the red hot smartphone and tablet market.

Nuance’s acquisition comes on the heels of Apple Inc releasing its latest iPhone 4S featuring “Siri” voice recognition software. Siri uses Nuance’s speech recognition technology...Read more