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Technology Stocks : Fonix:Voice Recognition Product (FONX)
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To: Gary Strong who wrote (1733)3/8/1998 9:58:00 AM
From: Fairways9  Read Replies (1) of 3347
 
To all,

I've wondered what could be some of the reasons why AcuVoice agreed to be acquired by Fonix. There are really only two that make any sense.

1) Acuvoice was infringing on Fonix's patent and didn't have a strong defense. Rather than be held hostage to the patent, Acuvoice decided to join the Fonix team. The following was included in the AcuVoice/General Magic press release:

"AcuVoice, Inc. specializes in natural sounding text-to-speech software, achieved by an entirely new approach. AcuVoice speech synthesis is an intelligent system which emulates the mechanics of the human mind in the complex process of reading and voicing text. A robust, rule-based expert system analyzes the syntax created by a series of words, and determines how each word must be pronounced to bring out the intended meaning of the text being processed. The system then replicates how humans convert a line of text into a stream of text-sensitive sound pulsations"

Doesn't that sound like Fonix's claims?

2. I doubt that AcuVoice received much cash in the deal so AcuVoice must have thought Fonix's stock would be worth something. AcuVoice was likely dazzled by Fonix's tech/patents and sold out just to be part of it.

Any other plausible explanations out there?

Marc
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