Tuesday, September 18, 2012

Nuance to Acquire Ditech for Voice Processing Technologies

Nuance Communications agreed to acquire Ditech Networks, a supplier of Voice Quality Assurance (VQA) technology and PhoneTag voicemail-to-text services, for approximately $22.5 million.
Nuance said Ditech Networks’ portfolio of voice technologies will expand its solutions for carriers, consumers and enterprises across an array of products and services. In particular, Ditech Networks’ PhoneTag service will enhance Nuance’s Dragon Voice to Text Services business by adding important customers and complementary technologies, and further advance innovation supporting Nuance’s highly-secure, on-premise voice to text platform.

“The world’s most innovative carriers and unified communications providers work with Nuance to take advantage of the revolution in voice recognition, and nowhere is this more evident than in our voicemail to text and call completion businesses, where billions of calls are converted into easily read text and email messages – a powerful solution for today’s messaging-centric world,” said John Pollard, Vice President and General Manager, Voice to Text Services, Nuance Mobile. “Acquiring Ditech Networks’ voice technologies will help Nuance continue to drive these next-generation services.”