Nuance and IBM Establish Agreement to Advance Innovative Speech Solutions
Nuance to Deliver Advanced Product Offerings Combining Nuance and IBM Technologies
finance.yahoo.com
Thursday January 15, 2009, 8:00 am EST
BURLINGTON, Mass. and ARMONK, N.Y.--(BUSINESS WIRE)--Nuance Communications, Inc. (NASDAQ: NUAN), a leading provider of speech solutions, and IBM (NYSE: IBM), a pioneer in speech technology, today jointly announced that Nuance and IBM have entered into a licensing and technical services agreement to enhance and expand innovative speech solutions designed to better serve enterprises, consumers, carriers, and partners worldwide.
With the objective of advancing customer access to speech innovation, Nuance and IBM technologists will cooperate to incorporate IBM technology into Nuance’s speech solutions. Nuance expects the first integrated speech innovations combining Nuance and IBM technologies to be available within two years. IBM will continue to serve its own customers. In a second component of the agreement, Nuance will purchase speech-related patents from IBM. |
