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Nuance Acquires Spinvox for $102.5 million

Categories: Partnerships, Voicemail
By: , IntoMobile
Thursday, December 31st, 2009 at 8:51 AM

Voice recognition giant Nuance Communications has just picked up a pretty big company in the transcription sector: Spinvox. Among other things, Spinvox runs a voicemail service that translates voicemail into text and sends it to you as an e-mail. Nuance’s involvement in mobile is wide-spanning, but the latest from them has been a pair of iPhone apps. Overall, this sounds like a mutually beneficial partnership in that Nuance’s seniority can bring a lot of expertise to existing Spinvox customers, and Spinvox’s existing carrier relationships could be useful to Nuance, who has spent most of their time with handset manufacturers. Spinvox got in some hot water with privacy advocates over the summer for rumours that they actually outsource the transcription process to South Africa, but maybe that situation will change now that they’re under new management. The acquistion cost Nuance $102.5 million, broken up into $66 million cash and $36.5 million in shares.

[via Nuance]

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Simon Sage

Simon Sage’s education largely surrounded writing, technology and online community, leading him to begin his blogging career at www.BlackBerryCool.com and to quickly discover a vibrant and active community surrounding BlackBerry and mobile technology. In exploring RIM’s platform, he has learned what enterprises are looking for in mobility as well as what makes the innocuous BlackBerry so appealing to them. Recently Simon’s been covering RIM’s gradual move into an already-crowded consumer market, and the impact of burgeoning challengers, such as the iPhone, as well as long-time leaders, like Nokia, on BlackBerry’s advancement. With plenty of content under his belt, Simon will be branching off a bit to see what other smartphone manufacturers are working on while still using BlackBerry as a barometer. At IntoMobile, you can count on his posts being even-handed, well-informed and thought-out.