Nuance buys MacSpeech for undisclosed amount in a bid to expand market beyond Windows PCs

By AP
Tuesday, February 16, 2010

Nuance acquires MacSpeech for undisclosed amount

BURLINGTON, Mass. — Speech-recognition software maker Nuance Communications Inc. said Tuesday it has acquired MacSpeech, which makes speech-recognition software for Apple Inc.’s Macintosh computers, for an undisclosed amount.

MacSpeech, based in San Francisco, makes general-use programs and ones designed specifically for the medical and legal fields.

Nuance, which already makes a dictation program for Apple’s iPhone, said the deal will help it produce its flagship Dragon NaturallySpeaking desktop software for Macs.

Shares of Nuance rose 18 cents, or 1.3 percent, to close at $14.63.

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