Nuance Communications to Acquire Canton's VoiceSignal - Burlington, MA

Nuance Communications, a Burlington-based provider of speech and imaging technology products, has agreed to pay about $293 million in cash to acquire VoiceSignal Technologies, a privately held, Woburn-based provider of voice communications software for mobile handsets. Since 2002, more than 110 million copies of VoiceSignal's software have shipped embedded in devices from handset manufacturers. Nuance said that the acquisition will create "an organization with broad resources, solutions and expertise that will satisfy the accelerating demand for speech-enabled mobile devices and services."

http://www.voicesignal.com
http://www.nuance.com