Sept. 30, 2011
BURLINGTON, Mass., – September 30, 2011 – Nuance Communications, Inc. (NASDAQ: NUAN) today announced that the company has closed the acquisition of Loquendo, a wholly owned subsidiary of Telecom Italia.
The combination of Nuance and Loquendo’s innovations will advance the proliferation of voice-enabled solutions and accelerate the development of new capabilities that deliver natural, conversational interactions between consumers and the contact center, automobiles, mobile phones, and other consumer devices worldwide.
The joint organization will offer a broad, high-quality portfolio of voice and language solutions that includes text-to-speech, speech recognition and voice biometrics solutions. In addition, the acquisition enhances language coverage for network-based and embedded customers, and strengthens Nuance’s global channel partnerships which drive the adoption of speech-enabled solutions, particularly in Europe and Latin America.
Nuance intends to build upon the strengths of the Loquendo research and technology center in Turin, Italy and leverage the core capabilities and deep ties with local and other Italian universities and research bodies.
About Nuance Communications, Inc
Nuance Communications, Inc. (NASDAQ: NUAN) is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance’s proven applications. For more information, please visit www.nuance.com.
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