www.getdesign.in - My periodic blog exploring the world of business, experience design and interaction, with a smattering of gadgetry and social media. A world where business, people and technology meet.

Let's Fix Things: For over two decades I've been consulting in Communications Design: Everything from business strategy and processes, through to technology, interaction and customer experience. The thoughts here are my own, not necessarily that of my employer.

I have a penchant for spotting patterns and fixing broken user and customer experiences. Even my Bumblebee project hasn't escaped - I've been using Six Sigma techniques to study and predict their behaviour patterns. ☺

December 30, 2009

Spinvox bought by Nuance for £64m

December 30, 2009/ Nik Sargent

UK firm Spinvox, which converts voicemails into texts, has been bought by speech recognition company Nuance for $102.5m (£64m).

The deal is worth $66m in cash and $36.5m in stock, about a third of the previously rumoured $146m price tag.

Spinvox investor Invesco Perpetual had confirmed in September that Spinvox was up for sale.

In recent months doubts had been cast on how effective Spinvox's speech-to-text software actually was.

The company claims to use advanced voice recognition software for its service, but the BBC found that human operators were also involved in transcribing many messages.

Nik Sargent

Nik Sargent

GetDesign | Nik Sargent | design interaction blog

Nik Sargent

Nik Sargent