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Speech and imaging solutions company Nuance has announced its acquisition of the UK-based competing start up SpinVox for $102.5 million - $66 million in cash and $36.5 million, or approximately 2.3 million shares, in Nuance common stock.
SpinVox is a voice-to-text company that works with mobile operators, cable companies and application developers to deliver network and enterprise voice-to-text solutions. |
