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I am confused how speech recognition tech is worth 20 billion. It’s not even on the most popular platforms like iPhone, android or the desktops even. Can someon
by yalogin 6y ago
I am confused how speech recognition tech is worth 20 billion. It’s not even on the most popular platforms like iPhone, android or the desktops even. Can someone shed some light on this?
- ignoramous 6y ago"Enterprise sales" and "health care": https://investors.nuance.com/download/NUAN+%28Nuance+Communications+Inc.%29++%2810-K%29+2020-11-19.pdf_.pdf https://investors.nuance.com/download/NUAN+%28Nuance+Communi...
- ghc 6y ago> September 15, 2005 — ScanSoft acquired and merged with Nuance Communications, of Menlo Park, California, for $221 million. > October 18, 2005 — the company changed its name to Nuance Communications, Inc. So Nuance was worth ~$220MM at the time of acquisition. I'm sure it's worth a lot more now but ScanSoft acquired like 50 other companies too, including old voice recording giant Dictaphone.