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Technology Stocks : General Magic

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To: flickerful who wrote (2831)7/21/1998 2:58:00 AM
From: Scrapps  Read Replies (1) of 10081
 
Lernout & Hauspie Signs Agreement to Acquire Globalink.....

BURLINGTON, MASS. & IEPER, BELGIUM--(BUSINESS WIRE)--July 20, 1998

Business/Technology Editors

With These Acquisitions L&H Will Have the Most Comprehensive

Language Translation Offerings in the Market

Lernout & Hauspie (NASDAQ:LHSPF, EASDAQ:LHSP-ED) (L&H), a worldwide market leader in speech and linguistic technologies, products and services, announced today that it has signed an agreement to acquire Globalink, Inc. (AMER:GNK), best known for its Barcelona machine translation technology. The company also announced today the acquisitions of AILogic Corporation and NeocorTech, both leading providers of machine translation technology for Asian languages.

More: biz.yahoo.com
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