Andre Yoskowitz
7 Oct 2011 16:43
Swype, the popular smartphone input technology, has been acquired today for $102.5 million by Nuance.
Nuance is the company behind the FlexT9 keyboard, software that lets users speak, trace, write or tap "Dragon dictation" and "T9 predictive text input technologies" on Android tablets and phones.
Says one analyst of the move (via Reuters):
Nuance is bulking up on the mobile front so that they can have a bigger presence on the next-generation handsets. They can't just stand by and just stick to their core competency of being a voice recognition technology player on mobile.