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www.getdesign.in - Exploring the world of business and 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 my specialist area of 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. Feel free to contact me about industry news, swap opinions or discuss consultancy services and customer service strategy.

Even outside of the confines of my day job, I have a passion 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. ☺

Entries in zi (1)

Monday
Mar022009

Nuance buys Zi in $35m deal

DateMonday, March 2, 2009 at 9:29AM

Voice recognition company Nuance Communications Inc has finally won over the management of Zi Corp who have agreed to a cash and stock deal worth around $35 million.
Nuance has been trying to buy its Calgary, Canada-based rival for more than six months, and back in July the company had offered $47.5 million for the developer of text input technologies for mobiles.
The declining market means the final value still represents a 73% premium on the closing price of Zi's stock on Wednesday.
In a statement, Nuance said that Zi’s mobile search and text input systems complement its own portfolio and would help it better address the market need for text input technology, especially in Asia-Pacific.

AuthorNik Sargent | CommentPost a Comment | |
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