PNCOY - Report: Nuance Acquires Voicebox For Natural Language Tech
Quick Take
Nuance Communications (NUAN) has acquired Voicebox Technologies for an undisclosed amount, according to a report in GeekWire.
Voicebox Technologies has distinguished itself for being a leader in conversational speech recognition and natural language processing technologies.
NUAN appears to be bolstering its automotive AI and virtual assistant offering to OEM’s with the deal as management struggles to show investors it can deliver better financial results.
Target Company
The Bellevue, Washington-based conversational AI developer was founded in 2001 to offer contextual voice technology. Voicebox owns a patent on Conversational Voice Technology and