Nuance announced today it has signed an agreement to acquire Vlingo, a popular mobile voice assistant for BlackBerry, Android and other mobile platforms. The deal will combine Vlingo’s mobile voice technology with Nuance’s powerful voice recognition system “to accelerate the pace of innovation” in the mobile space.
No doubt this acquisition was fueled by the enthusiasm in voice control kicked off by Apple’s Siri voice assistant, Windows Phone’s TellMe service and Google’s Voice commands. With all this interest and some major players entering the market, we may see some significant advances in this mobile voice technology in the upcoming year.
Nuance to Acquire Vlingo
Combination to Accelerate Nuance Innovation; $5 Billion Market Opportunity Demands Powerful Voice Assistant and Natural Language Understanding Solutions for Phones, Tablets, Cars, TVs and PCs
BURLINGTON, Mass.–(BUSINESS WIRE)–Nuance Communications, Inc. (NASDAQ: NUAN) announced it has signed an agreement to acquire Vlingo, Inc. Fueled by unprecedented demand for intelligent voice interfaces that combine voice, language understanding and semantic processing, Nuance and Vlingo will combine their deep innovation and R&D expertise to deliver next-generation natural language interfaces across numerous markets and industries.
“Inspired by the introduction of services such as Apple’s Siri and our own Dragon Go!, virtually every mobile and consumer electronics company on the planet is looking for ways to integrate natural, conversational voice interactions into their mobile products, applications, and services, ”
Consumer interest and demand for virtual assistant and voice-enabled capabilities have exploded in recent months, creating a $5 billion market opportunity that spans phones, tablets, cars, televisions, navigation devices, music players, PCs and more. Both Nuance and Vlingo see an unprecedented appetite for intelligent devices that understand the spoken word and deliver outcomes for consumers and professionals.
“Inspired by the introduction of services such as Apple’s Siri and our own Dragon Go!, virtually every mobile and consumer electronics company on the planet is looking for ways to integrate natural, conversational voice interactions into their mobile products, applications, and services, ” said Mike Thompson, Senior Vice President and General Manager, Nuance Mobile. “By acquiring Vlingo, we are able to accelerate the pace of innovation to meet this demand.”
“Vlingo and Nuance have long shared a similar vision for the power and global proliferation of mobile voice and language understanding. As a result of our complementary research and development efforts, our companies are stronger together than alone. Our combined resources afford us the opportunity to better compete, and offer a powerful proposition to customers, partners and developers,” said Dave Grannan, CEO, Vlingo.
By harnessing the combined expertise in voice, language and multilingual capabilities, Nuance will be able to take advantage of the adoption of intelligent mobile assistants, where consumers, businesses, doctors and patients can engage in more human, natural interactions with devices and systems all over the world.
Vlingo is a Virtual Assistant that turns your words into action by combining voice to text technology, natural language processing, and Vlingo’s Intent Engine to understand the user’s intent and take the appropriate action. Founded in 2006, Vlingo is backed by Charles River Ventures, Sigma Partners, Yahoo! and AT&T and headquartered in Cambridge, Massachusetts. For more information, go to www.vlingo.com.
About Nuance Communications, Inc.
Nuance 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 information and how they create, share and use documents. Every day, millions of users and thousands of businesses experience Nuance’s proven applications and professional services. For more information, please visit: nuance.com.
Nuance and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc. or its subsidiaries in the United States of America and/or other countries. All other company names or product names may be the trademarks of their respective owners.