Speech recognition leader Nuance seeks to sell, Samsung and other PE companies

Source: Internet
Author: User
Keywords Samsung Quest leader
Tags business company market market value negotiate pe phone quest
Absrtact: The leader in the field of speech recognition nuance recently came out to negotiate the sale of business, Samsung and several other PE companies have the intention. Nuance's market value of 5.5 billion dollars, the news released, the share price rose slightly. Nuance speech recognition technology in smartphones

The leader in the field of speech recognition nuance recently came out to negotiate the sale of business, Samsung and several other PE companies have the intention. Nuance's market value of 5.5 billion dollars, the news released, the share price rose slightly.

Nuance speech recognition technology in smartphones, television and GPS navigation devices are widely used, such as Apple's Siri is the use of its technology, some other enterprise-level markets also need to use speech recognition, such as hospital electronic medical records business, doctors can directly dictate the production of electronic medical records. Last September, Nuance also worked with Samsung to use nuance technology in wearable equipment, a big market in the future.

Nuance's biggest shareholder now is activist investor Carl Ichan, who accounts for 19% of the shares and 2 seats on the board. Carl, who specializes in capital games, often makes his own profits through mergers and acquisitions or restructurings, which may be the case.


Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.