Nuance buys Philips Speech Recognition for nearly $100M

Woah! Seems like the guys over at Nuance are going for ‘world domination’, they just bought Philips Speech Recognition Systems from Royal Philips Electronics for about €65 million ($95 million U.S.) in cash.

Now I’m not sure about the rest of the regions but Philips SpeechMagic and Nuance are two of the most popular speech recognition packages being adopted.

Well done Nuance, well done.