SVOX to Offer Automatic Speech Recognition Products

SVOX has acquired the Professional Speech Processing Group of Siemens AG. SVOX acquired all speech technology-related IP of Siemens AG — including the SpeechAdvance speech recognition product suite and more than 60 patent families. The majority of the Professional Speech Processing Group’s employees will be integrated into SVOX Deutschland GmbH in Munich. As a result of the acquisition, SVOX will immediately offer its own Automatic Speech Recognition (ASR) products as well as complete speech dialog solutions. The deal allows SVOX to significantly reinforce its position in embedded speech solutions for the automotive and mobile phone industry and strengthen its technology leadership. The enlarged company will have a commanding market share in speech solutions for premium cars.

More info: SVOX AG | Siemens AG