ScanSoft and Nuance: The Roll-up Continues

The merger of ScanSoft and Nuance targets a close date of September 30, 2005. The successor firm, to be called “Nuance,” aims to leverage the VoiceXML and MRCP standards that both firms share to ensure continuity and easy migration for existing customers, prospects and channel
partners. It represents a positive step for the industry, extending the prospects of two industry stalwarts in the face of stepped up competition from Microsoft and IBM for share of the market for network and embedded speech.

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