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Non-Tech : adtrdng

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To: KevRupert who wrote ()3/28/2000 8:20:00 PM
From: KevRupert   of 186
 
Seagate's Dragon Purchased:

thestreet.com

Company Report: Lernout & Hauspie to Acquire Dragon
By Tara Murphy
Staff Reporter
3/28/00 6:16 PM ET

Lernout & Hauspie (LHSP:Nasdaq - news - boards) lifted 17, or 15.6%, to 125 3/4 after it said it will acquire privately held speech and language technology firm Dragon Systems for 5.45 million shares. Based in Newton, Mass., Dragon employs 350 workers, including 170 research scientists and development engineers. It had revenue of about $60 million and a net loss of about $22 million in 1999.

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